buying a house in QLD

Buying a house in QLD – all you need to know!

If you think of buying a house in QLD, the first thing you need now is information. Understanding the Government benefits you may be eligible for and learning about the most affordable regions to buy a home can guide your next steps, not to mention help you save lots of money. 

To help you with that, we have put together in this blog post everything you need to know to start your journey of purchasing your dream property in QLD.

Who can buy a house in QLD

Anyone can buy property in Australia; however, if you are not a Permanent Resident or an Australian Citizens, you will have to pay a Foreign National Stamp Duty and will not be eligible for the government grants mentioned in this post.

Although these benefits are only possible for Permanent Residents or Citizens, people on the bridging visa can also apply for the grants, as long as one of the partners in the family unit has the residency or citizenship. In this case, not all banks will accept the visa as per their policy, so we recommend contacting us to help you find the best solution for your case. 

Benefits for first home buyers in QLD

First Home Owner Grant – QLD

From March 2021, existing or new properties up to $750,000 may be eligible for a $15,000 concession. Buying in regional areas in eligible postcodes such as Cairns, Central Queensland, Townsville, Mackay–Isaac–Whitsunday, etc., also allows you to receive an extra $5,000 as part of the Queensland regional home building grant.

Stamp duty concessions – QLD

This grant allows you to access up to a full tax concession when buying new or existing houses in QLD, up to $500,000. The concession will represent $8,750 in savings from tax. 

There are also some Federal benefits you can access when buying a house in QLD for the first time:

First Home Super Saver Scheme

Allows you to save up to $30,000 in extra voluntary contributions to your superannuation fund and use it when purchasing a property.  

First home loan deposit scheme

It guarantees 15% of the total amount to the lender and allows you to buy or build a property with only a 5% deposit without paying the lender mortgage insurance (LMI). This benefit has only 10,000 places available per financial year and, at the moment, is only available for brand new property under the price threshold of each area. 

Where to buy a house in QLD

The price range will vary from one city/region to another, so we came up with a list of the most affordable suburbs and their surroundings in Queensland´s main cities to guide you:

Gold Coast

  • Robina
  • Varsity lakes


  • North Lakes
  • Mango Hill

Sunshine Coast

  • Palmview
  • Baringa
  • Meridan Plains

If you consider buying a house in QLD, please contact us today and we will be more than happy to guide you in this journey of finding your new home in Australia. 

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