The Queensland advantage: How the new Federal Budget announcements add up in your favour.
Dreaming of opening the door to your brand-new home? The latest Federal Budget has delivered a massive ray of sunshine for buyers, reshaping the property market to give you a clear advantage.
The newest updates are designed to make your journey into home ownership smoother, more rewarding and ultimately better for your personal budget. By introducing smart tax incentives that focus heavily on brand-new housing supply, the government is making it easier than ever to choose your modern dream home.
For Queenslanders, this creates a powerful opportunity to pair federal momentum with generous state concessions. Here’s a simple breakdown of exactly what these updates mean and why they’re fantastic and timely news for your property journey.
1. CGT changes won’t affect your primary home
Even though Capital Gains Tax (CGT) rules have changed, if you’re an owner occupier intending to live in your new property, the changes won’t affect you in any way.
As an owner-occupier, your primary residence remains completely exempt from CGT. This means your new home isn’t just a place to make memories, it’s also a smart, secure and tax-free investment for your future, giving you absolute confidence as you step into the market.
2. Infrastructure boosts mean more choice for you
If you are an investor, no top off these positive tax incentives, the government is also tackling housing supply head-on, with an exciting injection of community funding.
Through the Supporting Local Government initiative in the latest Federal Budget, significant infrastructure spending is being poured directly into local areas. By funding the essential roads, utilities, and community spaces needed for new developments, this initiative is actively unlocking vibrant new land and housing projects.
For you, this translates to more options, beautifully connected neighborhoods, and a fantastic variety of fresh opportunities to find the perfect home to suit your lifestyle.
The Queensland Advantage: Combining Federal and State Support
With federal initiatives heavily championing new builds, Queensland buyers are perfectly positioned to ‘double down’ on savings by pairing these updates with powerful state-based incentives:
The $30,000 First Home Owner Grant: Available for eligible buyers or builders of brand-new homes valued under $750,000.
Stamp Duty Concessions: Queensland’s generous exemptions on new homes and vacant land help eliminate thousands in upfront costs, keeping more money in your pocket.
Your perfect next step
The alignment of the latest Federal Budget updates and Queensland’s excellent state incentives has created a window of opportunity favourable for new home buyers. Right now, you not only get more choice, but excellent tax security, and unmatched financial support to get into the market.
As you plan your perfect start and weigh your options, right now is the ideal time to map out your next steps and see how the upcoming opportunities at Amory align with your future.
Get in touch with our sales team to find out more.