- Almost 3,000 first home buyers have saved $56 million in upfront fees since the Crisafulli Government abolished stamp duty on new homes.
- Cost of living relief measure delivers on the Crisafulli Government's commitment to lift Queensland home ownership rates, which sit as the lowest in the nation after a decade of decline under Labor.
- Key hotspots for first home buyers are Logan-Beaudesert, Ipswich and Moreton Bay North.
- The Crisafulli Government is delivering a better lifestyle through a stronger economy after the former Labor Government's decade of decline.
The Crisafulli Government is delivering more Queenslanders a place to call home, with first home buyers saving more than $56 million one year since stamp duty was abolished on new homes.
In the 12 months since the tax was axed, 2,985 Queenslanders purchased their first home without paying a cent in stamp duty, getting them into the housing market sooner.
Under Labor, Queensland dropped to the bottom of the home ownership ladder, construction industry productivity declined by nine percent and thousands of young home buyers were shut out of the market.
Across Queensland, based on median value, average savings from the scrapped tax were around $26,000 for first home buyers purchasing a new home, and as much as $29,000 in Brisbane East alone.
Key hotspots for first home buyers in the last 12 months were Logan-Beaudesert, Ipswich and Moreton Bay North.
Abolishing stamp duty on new homes for first home buyers is a key pillar of the Crisafulli Government's Securing our Housing Foundations Plan, which is unlocking land for new housing, boosting home ownership and easing pressure on rents after the former Labor Government's decade of decline oversaw a 29 per cent reduction in housing lot approvals.
Dwelling approvals in Queensland rose 18 percent in the year to February, with record levels of residential work in the pipeline worth $22.1 billion in the December 2025 quarter as confidence returns to the construction sector.
Treasurer and Minister for Home Ownership David Janetzki said the Crisafulli Government was committed to easing cost-of-living pressures and unlocking home ownership for more Queenslanders.
"Scrapping stamp duty for first home buyers was one of the most important steps we've taken to make home ownership more accessible for Queenslanders," Treasurer Janetzki said.
"This major cost of living measure shows what can be achieved when government gets out of the way and backs Queenslanders.
"For a decade Labor's housing crisis locked Queenslanders out of the housing market however we believe every Queenslander deserves a place to call home and abolishing this tax was critical in helping make that dream a reality.
"When approvals are rising, investment is up and the pipeline is at a record high, it is clear our approach is working.
"The Crisafulli Government is delivering a clear plan to build more homes, unlock more land and make it easier for Queenslanders to achieve their dream of home ownership."
Of the first-home buyer transactions that received stamp duty relief in the 11 months to March 2026, 659 were for new builds and 1,988 were for vacant land.
