New homeowners will be able to legally rent out a room from day one without losing grants and concessions following action taken by the Crisafulli State Government.
Under the previous Labor Government, Queenslanders who received stamp duty concessions and grants were not legally able to sublet their property in the first year of ownership.
Member for Scenic Rim, Jon Krause, said the change would help ease record low rental vacancy availability and help boost affordability for first home buyers.
“This initiative, by permanently removing the restrictions that prevent first buyers from renting out a room in the first year, is making it easier for young Queenslanders to get into their first home,” he said.