In a move that could ease the path to home ownership, a Bill introduced to Queensland Parliament on 16 May 2025 proposes the removal of stamp duty on new builds and land purchases for eligible first home buyers starting 1 May 2025. Reported by the Real Estate Institute of Queensland (REIQ), this change is a welcomed step towards making home ownership more accessible—particularly for younger buyers. For investors using their super to enter the property market, this could signal future opportunities and more flexible investment strategies in Queensland.
This is what property investors and SMSF users need to know:
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Eligible first home buyers in Queensland will no longer pay stamp duty on new builds or land from 1 May 2025, reducing significant upfront costs.
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Queensland’s home ownership rate is the lowest in the country, and this measure is aimed at reversing that trend.
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With strong population growth and rental demand, the ability for first home buyers to rent out rooms adds further appeal.
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The REIQ supports this but continues to push for full reform—abolishing stamp duty altogether in favour of a broad-based land tax.
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Broader reform would benefit investors too, potentially reducing friction in buying and selling properties through superannuation.
This move could be a sign of larger property tax reforms to come. It’s a good time to revisit your strategy if you’re investing using your super.
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