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New Stamp Duty Perks and $30K Grants

2 May 2025

Big changes have arrived for first home buyers in Queensland. From 1st May 2025, new updates to Queensland’s first home buyer support are in effect, and if you’re planning to build your first home at Spring Creek, there’s plenty of good news. Whether you’re just starting to explore your options or you’re ready to make your move, here’s how the latest incentives could work in your favour.

First Home Buyer Full Stamp Duty Exemptions – Now with No Price Cap!

Here’s one of the most exciting updates for first home buyers!

You can now access a full stamp duty exemption on brand-new homes or vacant land, no matter the purchase price.

To be eligible:

  • You must be a first home buyer
  • The home or land must be for your principal place of residence

This change removes the previous price cap, meaning more first home buyers can now enjoy significant upfront savings.

Stamp Duty Concessions on Vacant Land

If you’re purchasing land to build your first home, there’s more support available through tiered stamp duty concessions:

  • Full concession for land valued up to $350,000
  • Partial concession for land between $350,000 and $500,000
  • Savings of up to $10,675

With land at Spring Creek offering exceptional value, many  buyers fall within these ranges, making it easier than ever to buy and build.

The First Home Buyer $30,000 Grant – Ends June 30

Secure your land at Spring Creek today to ensure you don’t miss out. The State Government’s First Home Owner Grant is set to be halved—from $30,000 to $15,000—on July 1, 2025. Now is the time to act and take advantage of the full grant before the change comes into effect.

Ready to Build Your Future?

If you’re a first home buyer looking for great value in a growing community, now is the perfect time to explore Spring Creek. Located at the gateway the Scenic Rim, Spring Creek offers a rare mix of peaceful, elevated living and real value for first home buyers.

Plus, with the new incentives now live, first home buyers are better positioned than ever to make their dream a reality at Spring Creek.