Mortgage broker on the Gold Coast
Money Brain is a mortgage broking practice at Hope Island on the Gold Coast, run by Darren Parker, Credit Representative 501592. I arrange home and investment loans for Gold Coast buyers, starting from where you want to end up rather than just the next purchase.
Who you'll deal with
Me, from the first call to settlement. I'm the broker I wish I'd had when I bought my first property: someone who looked past the first loan to where I wanted to end up.
Darren Parker · Hope Island QLD
Darren Parker, Credit Representative 501592, authorised under Australian Credit Licence 389328.
What Queensland first home buyers can claim
Three things change what a first home on the Gold Coast costs. Each was read from the Queensland Revenue Office or the federal scheme's own pages.
First Home Owner Grant: $30,000
For a newly built home valued under $750,000, including the land and any contract variations, on contracts signed from 20 November 2023. You must move in within a year and live there for six months.
Transfer duty concession
Queensland calls stamp duty "transfer duty". A first home at $700,000 or less pays no transfer duty. Between $700,001 and $799,999 the concession phases out, starting from $710,000, and from $800,000 there's no first home concession. From 1 August 2026, you must be an Australian citizen, permanent resident or specified foreign retiree.
5% Deposit Scheme price caps
In Queensland, the price cap is $1,000,000 in the capital and regional centres and $700,000 in the rest of the state. Both the price and the lender's valuation must be at or under it.
Where people usually start
Buying your first home.
The schemes, grants and how much deposit you need.
Your job changes the loan.
Nurses, doctors, teachers, the self-employed and more.
Building a portfolio.
How three clients bought their way from one property to several.
Gold Coast mortgage broker questions
At Hope Island on the Gold Coast, Queensland. Money Brain is run by Darren Parker, Credit Representative 501592, authorised under Australian Credit Licence 389328.
Buying on the Gold Coast?
Tell me where you want to buy, what you earn and what you've saved. I'll come back with what you can claim and which lenders fit.
You'll hear back within the hour in business hours, and by 9am the next business day after hours.
Sources
- 1
Queensland Revenue Office: First Home Owner Grant eligibility, qro.qld.gov.au/property-concessions-grants/first-home-grant/eligibility/. Read 5 September 2026 (page updated 5 August 2026).
- 2
Queensland Revenue Office: First home concession, transfer duty, qro.qld.gov.au/duties/transfer-duty/concessions/homes/first-home/, and concession rates. Read 5 September 2026 (page updated 31 July 2026).
- 3
Housing Australia: 5% Deposit Scheme price caps.
Updated 2 October 2026