First Home Buyers in Queensland: Your Guide to Securing Your Dream Home

Buying your first home is a huge milestone, filled with excitement, anticipation, and sometimes, a little uncertainty. If you’re a first-time buyer in Queensland, the good news is there are government grants and concessions to help make your dream of homeownership more achievable. Here’s what you need to know about eligibility for the First Home Buyers Grant and the steps to securing your new home.

Are You Eligible for the First Home Buyers Grant?

In Queensland, eligible first home buyers may receive up to $15,000 through the First Home Owners' Grant. To qualify, you need to:

• Purchase or build a brand-new home (valued under $750,000).

• Be over 18 years old and an Australian citizen or permanent resident.

• Plan to live in the home as your primary place of residence for at least 6 months.

Additional benefits may include stamp duty concessions, which can significantly reduce your upfront costs. Please take the time to review the information via:

https://qro.qld.gov.au/property-concessions-grants/first-home-grant/#:~:text=The%20first%20home%20owner%20grant,a%20new%20home%20in%20Queensland.

Steps to Take as a First Home Buyer

1. Understand Your Budget

Start by crunching the numbers to determine how much you can afford. Remember to factor in upfront costs like deposits, legal fees, and inspections, as well as ongoing costs like rates and maintenance.

2. Visit a Mortgage Broker

A mortgage broker is your best ally when it comes to financing. They’ll guide you through:

• Assessing your borrowing capacity.

• Comparing loan options from various lenders.

• Helping you access grants, concessions, or additional funding options.

Their expertise will save you time and ensure you secure a loan tailored to your needs.

3. Engage a Buyers Agent

Once you know your budget and financing is pre-approved, it’s time to find your perfect property—and that’s where a buyers agent comes in. A buyers agent works exclusively for you, not the seller, helping you:

• Identify properties that meet your needs and budget, including off-market opportunities.

• Negotiate the best possible price.

• Navigate the entire buying process, from inspections to settlement.

At Buyit4u Property Solutions, I specialise in helping first-home buyers like you secure their dream homes. My goal is to take the stress out of the process so you can focus on the excitement of owning your first property.

Ready to Start Your Journey?

Taking the first step toward homeownership can feel overwhelming, but with the right support, it’s absolutely achievable. Connect with a trusted mortgage broker to sort your finances, and when you’re ready, I’d love to assist you in finding your ideal first home.

Let’s make your property dreams a reality. Get in touch today!

Stacey Mitchell

Stacey Mitchell brings over two decades of buying, renovating, and selling homes for profit, Stacey’s deep understanding of market trends and property dynamics makes her a valuable asset. Her commitment to the property sector is driven by a genuine desire to contribute to the community and make a lasting difference in the lives of those she assists. She has held Senior Executive roles in Marketing within global corporation(s) holding