0458 773 002 2-minute check

First home buyer check.

Answer a few questions to see which first home programs you may be able to access, and an estimate of your transfer duty.

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What are you buying?
Where?
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Is this your first home in Australia?
Will you live in it?
Australian citizen or permanent resident?
On your answers

    Assumptions

    • Queensland First Home Owner Grant: $30,000 for new homes valued under $750,000, including land. Legislated in June 2026 to continue for contracts signed from 1 July 2026; check the current rules with QRO.
    • 5% Deposit Scheme: no income caps since 1 October 2025; price caps $700,000 for Mackay and the rest of regional Queensland, $1,000,000 for Brisbane, the Gold Coast and the Sunshine Coast (check current caps).
    • Transfer duty uses the QRO tables in our stamp duty calculator.
    • Each program has other rules (for example, living in the home for a set time) that this check can't test.

    Estimate only, based on Queensland Revenue Office rates and concessions current as at 23 October 2026. Eligibility for grants and concessions is decided by the Queensland Revenue Office. See qro.qld.gov.au. Grants and concessions are subject to eligibility criteria and can change.

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    Mackay First Home Buyer Kit 2026

    A printable checklist: the documents lenders usually ask for, the steps from first chat to keys, and every Queensland and federal first home program with links to the official pages.

    • Documents checklist, including roster and self-employed income
    • $30,000 grant, $0 duty and 5% Deposit Scheme rules, with sources
    • Step-by-step from conditional pre-approval to settlement

    Cutting Edge Finance (Credit Representative 441201 of Aus Property Financial Solutions Pty Ltd, ACL 389328) collects your name and email to send you the First Home Buyer Kit and to reply if you contact us. If you don't provide them, we can't email you the kit. We may share them with our licensee, aggregator and service providers, some of whom store data overseas (including the United States). We won't send you marketing unless you opt in. Our Privacy Policy explains how we use automated tools, how to access or correct your information and how to complain. Contact: broker@cutfinance.com.

    Updated 23 October 2026 · Reviewed by Luke Curtis, Director & head broker

    The three programs most Mackay first home buyers look at

    Queensland First Home Owner Grant. $30,000 for eligible first home buyers buying or building a new home valued under $750,000, including land. It doesn't apply to established homes. The $30,000 grant was legislated in June 2026 to continue for eligible contracts signed from 1 July 2026; check the current rules with QRO.

    Transfer duty concessions. No duty for eligible first home buyers on a new home or vacant land to build on (contracts from 1 May 2025, no value cap). On an established home, no duty up to $700,000 and a partial concession under $800,000.

    Australian Government 5% Deposit Scheme. Buy with a 5% deposit without lenders mortgage insurance, through a participating lender. Since 1 October 2025 there are no income caps and no limit on places. The price cap for Mackay and the Isaac is $700,000.

    For context, the Mackay local government area median house price was $725,000 in the first half of 2026 (Opteon), just over the 5% Deposit Scheme cap. A new home between $700,000 and $750,000 may still attract the grant and $0 duty but is over the scheme cap.

    More detail is in our guide to first home buyer grants in Mackay and on our first home buyers page.

    Common questions

    Does this check tell me if I am eligible?

    No. It shows which programs you may be able to access based on a few answers. The Queensland Revenue Office decides grant and duty eligibility, and participating lenders apply the 5% Deposit Scheme rules.

    Can I use the grant, the duty concession and the 5% Deposit Scheme together?

    Often, yes, if you meet each program's rules. A new home under $700,000 in Mackay may attract all three. Each has its own conditions, so we check them together before you sign.

    What is the 5% Deposit Scheme price cap in Mackay?

    $700,000. The $1,000,000 cap applies to Brisbane, the Gold Coast and the Sunshine Coast. Caps can change, so check the current caps on firsthomebuyers.gov.au.

    Sources

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    Cutting Edge Finance (Credit Representative 441201 of Aus Property Financial Solutions Pty Ltd, ACL 389328) collects this information to respond to your enquiry, give you general information and arrange a call with a broker. If you don't provide it, we may not be able to help. We may share it with our licensee, aggregator and service providers, some of whom store data overseas (including the United States). We won't send you marketing unless you opt in. Our Privacy Policy explains how we use automated tools, how to access or correct your information and how to complain. Contact: broker@cutfinance.com.

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