Affordable Entry into the Gold Coast Market: Off-the-Plan Units Under $500k

The Gold Coast Property Market Is Hot – But Still Within Reach

With sunny beaches, new infrastructure projects, and strong population growth, the Gold Coast continues to shine for both investors and first home buyers. But as prices climb, it can feel harder than ever to get your foot in the door.

That’s why off-the-plan units under $500,000 are gaining attention. They provide an affordable entry into the market—especially when paired with government incentives.

What Is an Off-the-Plan Property?

An off-the-plan unit is a property you purchase before it's completed. You buy based on plans, renders, and developer specs. Once the building is finished, you settle and move in.

Benefits include:

• Lower purchase price compared to completed homes
• More time to save before settlement
• Customisable finishes (depending on stage)
• Potential capital growth during construction

It’s a great option for first home buyers looking to plan ahead and stretch their budget.

First Home Buyer Incentives Just Got Even Better

From 1 May 2025, eligible first home buyers in Queensland who purchase a brand-new home may qualify for a full transfer (stamp) duty concession. That means no stamp duty at all on new homes.

To qualify, you must:

• Be buying a new or substantially renovated home
• Sign the contract on or after 1 May 2025
• Be at least 18 years old
• Never have owned property in Australia or overseas
• Move into the property within 12 months of settlement and live there daily
• Be purchasing at market value

Importantly, there’s no price cap on the home’s value for this concession. You don’t need to be an Australian citizen or permanent resident, either.

The only catch? The home must not have been previously lived in or sold as a residence. Substantially renovated homes can also qualify if they meet the tax and occupancy criteria.

Where Can You Find Off-the-Plan Units Under $500k?

Despite rising prices, a number of suburbs on the Gold Coast still offer new units under $500,000. These areas provide great liveability and future growth potential:

• Southport – well-connected and full of redevelopment projects
• Pimpama – booming with family-friendly estates and transport upgrades
• Labrador – close to water, great for young couples or downsizers
• Upper Coomera – popular for first home buyers and growing families

These suburbs are among the best places to start your journey into home ownership without stretching beyond your means.

Coposit: The Smarter Way to Own

Government support can help you with stamp duty—but what about the deposit? That’s where Coposit comes in.

Coposit lets you secure a new property with just $10,000 upfront and pay the rest of your deposit in weekly instalments until settlement.

✅ No interest ✅ No loan ✅ No stress

Perfect for off-the-plan buyers, Coposit gives you time to save while locking in today’s price. You can use it alongside the first home (new home) concession to enter the market with less upfront cost and fewer financial hurdles.

How to Maximise Your Benefits as a First Home Buyer

To get the most out of the Queensland incentives and Coposit's flexible deposit structure:

1. Find eligible off-the-plan properties under $500k
2. Check if the project qualifies as a new or substantially renovated home
3. Use Coposit to secure the property with a $10K deposit
4. Sign your contract after 1 May 2025 to qualify for the full duty concession
5. Move in within 12 months of settlement to keep your benefits

Also, consider applying for the First Home Owner Grant, which can be used alongside the duty concession. Each program has different rules, so check your eligibility carefully.

Explore Off-the-Plan Units in the Gold Coast Under $500k with Full Duty Concession

Buying your first home has never been more achievable. With off-the-plan units under $500k, no stamp duty, and $10K deposit plans from Coposit, you can enter the Gold Coast market faster—and smarter.

Browse current listings, check your eligibility, and make your dream of owning a coastal home a reality.