Elliot Springs Community Grant applications are now open!

Buying and building your first home is an exciting milestone—and with the right support, it may be more achievable than you think. If you're looking to enter the property market, understanding the grants, incentives and finance options available can help you take that first step with confidence.

At Elliot Springs, we're seeing more first home buyers choosing to build, giving them the opportunity to create a home that suits their lifestyle while taking advantage of government assistance along the way.

Government Assistance Available

First Home Owner Grant

Eligible first home buyers building or purchasing a new home in Queensland may be able to access the First Home Owner Grant, which currently offers up to $30,000 towards the purchase or construction of a new home. Eligibility criteria and property value caps apply. Learn more: First home owner grant - qld.gov.au

Low Deposit Home Buying Schemes

Saving for a deposit is often one of the biggest challenges for first home buyers, but there are government-backed schemes designed to help eligible Australians get into the market sooner.

5% Deposit Scheme – Eligible first home buyers may be able to purchase a home with as little as a 5% deposit without paying Lenders Mortgage Insurance (LMI). First Home Buyers

2% Deposit Scheme for Single Parents – Eligible single parents and legal guardians may be able to purchase a home with a deposit of just 2%.  Single Parents

Help to Buy – A shared equity scheme that may help eligible buyers reduce the amount they need to borrow and enter the property market sooner. Learn more via the links below.

Boost to Buy - QLD Treasury

Australian Government Help to Buy Scheme

First Home Super Saver Scheme

The First Home Super Saver Scheme (FHSSS) allows eligible buyers to make voluntary contributions to their superannuation and later withdraw those funds to help purchase or build their first home. It can be a tax-effective way to grow your deposit faster. Learn more here: First Home Super Saver Scheme  

Helpful Tips for First Home Builders

1. Know Your Budget

Before you start browsing house designs, speak with a mortgage broker or lender to understand your borrowing capacity, estimated repayments and overall budget.

It's also worth discussing any government grants, low-deposit schemes and first home buyer incentives you may be eligible for. A broker or lender can help you understand how these programs may impact your deposit requirements, borrowing power and upfront costs, potentially helping you enter the market sooner.

2. Focus on Value and Lifestyle

Look for a block and home design that suits both your budget and the lifestyle you want to create. Building your first home is an exciting opportunity to enter the property market, and choosing a home that balances affordability, functionality and room for future growth can set you up for long-term success. This will look different for everyone, so think about what matters most to you, what fits your budget and what will help you take the next step towards home ownership.

3. Get Pre-Approval Early

Loan pre-approval gives you a clear understanding of your budget and can help streamline the process when you're ready to secure your block and builder.

4. Choose a Community Designed for Growth

When building your first home, you're investing in more than just a house. Consider the lifestyle, amenities and future growth potential of the community you choose.

Why Build at Elliot Springs?

Building your first home at Elliot Springs gives you the opportunity to create a home that's uniquely yours while becoming part of a thriving, growing community. With generous green spaces, walking trails, playgrounds and convenient access to schools, shopping and essential services, Elliot Springs is designed to support your lifestyle today and into the future.

For first home buyers, Elliot Springs offers a range of lot sizes to suit different budgets and lifestyles, making it easier to find an option that aligns with your goals. We also work closely with a number of builders offering house and land packages, including options that may fall within the First Home Owner Grant eligibility thresholds.

Whether you're just beginning your research or ready to take the next step, our team can help connect you with trusted local builders and industry professionals who understand the first home buying journey. Be sure to explore our available land and house and land packages to see what opportunities may be available for your budget and circumstances.

Ready to Start Your First Home Journey?

Discover available land and learn more about building your future at Elliot Springs today. Your dream of home ownership could be closer than you think.

To discuss your options, please contact our Sales Team who will be happy to answer all your questions - 1800 881 091 or visit our Sales Office at 53 Kariboe Way, Julago. We're open 7 days a week. 

Click here to view some of our House & Land Packages. 

Please note: The information provided in this article is general in nature and is intended as a guide only. Government grants, incentives and home buying schemes are subject to change and individual eligibility requirements. While reasonable care has been taken to ensure the information is accurate at the time of publication, Elliot Springs recommends seeking advice from your lender, mortgage broker or the relevant government authority before making any decisions.