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COMO – FIRST HOME BUYERS

Unlock Your Path to Homeownership

Government grants + Como’s off-the-plan advantage = your first home sooner.


Why Buy Off-The-Plan?


First-Home Buyer Support – Queensland & Federal

$30k FHOG (Qld)

Grant for new or off-the-plan –  priced at $1 million and under.

No Stamp Duty

For new homes or vacant land, from 1 May 2025 onwards, no stamp duty at all—no cap on value

Savings of $38,025
(stamp duty concession)

5% Bank Deposit Scheme

Buy with 5% deposit, no LMI, higher property price caps up to $1M.

Boost to Buy

Equity contribution up to 30% for new homes, 25% for existing homes.

Quick Comparison

Scheme Eligibility Window Key Benefits Deposit Required
FHOG (Qld) 20 Nov 2023 – 30 Jun 2026 $30,000 grant for new/off-the-plan Varies
No Stamp Duty From 1 May 2025 No stamp duty, no cap on property value Savings up to $38,025+ N/A
5% Bank Deposit Scheme From 1 Oct 2025 5% deposit, no LMI, no income/place caps 5%
Boost to Buy Later in 2025 Up to 30% equity contribution 2% + income caps

Why It Matters

These initiatives remove barriers: lower deposits, no LMI, cash grants, equity support, and now zero stamp duty – helping you buy sooner and save thousands upfront.

How It Could Work For You

Here’s an example of how a first-home buyer could use the supports specifically for a Como apartment at $940,000

Step 1
Jordan secures pre‑approval and confirms eligibility for the First Home Guarantee (5% deposit, no LMI) and No Stamp Duty (from May 2025).
Step 2
They choose a Como apartment priced at $940,000.
Step 3
With the First Home Guarantee, Jordan pays just a 5% deposit = $47,000, avoiding tens of thousands in LMI.
Step 4
Because settlement is after May 2025, No Stamp Duty applies – a saving of around $38,000 compared to a standard purchase.
Step 5
Jordan also qualifies for the $30,000 FHOG (available from Oct 2025 for homes up to $1M), applied at settlement.

Cumulative government assistance now totals ~$68,000 in savings/support ($30,000 FHOG + ~$38,000 stamp duty concession), on top of avoiding LMI costs.

With these lower upfront costs, Jordan secures a Como apartment sooner than expected and enjoys the lifestyle benefits immediately upon settlement.

Take the
First Step Toward Your New Home

Como offers architecturally designed residences perfect for first-home buyers. With government support, your path to homeownership has never been clearer.

22 Lake Street, Varsity Lakes

0420 102 733

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