No. Queensland places no property price cap on the $15,000 grant, so eligibility depends on the home being genuinely new rather than on its price.
Written by Ross McFarlane, Licensed Mortgage Broker (Credit Representative 526725). About the authorPrice caps decide whether a higher value home still attracts the help, so they are worth checking before you make an offer in Queensland. Caps and thresholds change, so confirm the current figure with the Queensland Revenue Office.
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General information only. This page provides general information based on first home buyer settings current in 2026. It is not financial advice, a quote, or a guarantee, and your personal circumstances have not been considered. Grant amounts, caps, eligibility and scheme places change and vary by circumstance, and some help applies only to new homes. Always confirm current grants and your eligibility with the Queensland Revenue Office, Housing Australia, or a licensed mortgage broker. Ross McFarlane (Credit Representative 526725) is an authorised Credit Representative of Australian Associated Advisers Pty Ltd t/a Keylend, Australian Credit Licence 392169.