If you are eligible for the Home Buyers Concession, the Stamp Duty on your property would be $.
Factors such as previous property ownership, property value, income & number of dependants are all considered." To see if you are eligible, visit here .
The ACT Government is offering stamp duty concessions in the ACT for some home buyers planning to live in their new property.
The following concessions will apply to contracts exchanged between 4 June 2020 and 30 June 2021:
* No stamp duty on single residential dwelling blocks.
* No stamp duty on off-the-plan unit (unit-titled apartment and townhouses) purchases up to $500,000.
* An $11,400 stamp duty reduction for off-the-plan unit (unit-titled apartment and townhouses purchases between $500,000 and $750,000.
NOTE These deductions are not included in the calculations displayed. Visit here for more details.
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
The (HBCS) is an ACT Government initiative to assist persons in purchasing a new residential home or residential vacant land by charging duty at a concessional rate.
The scheme is changed on 1 July 2019, to help more people buy the home that's right for them by removing duty on any property they want to buy.
To view the eligibility requirements for the scheme visit here:
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
First Home Buyers Assistance scheme.
First home buyers will not have to pay duty for both new and existing homes for properties up to $650,000. The duty will be reduced for amounts between $650,000 and $800,000. There is no change to the cap for vacant land.
More information here
For all other concession and grants information please click here.
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
If you are eligible for the Principal Place of Residence Rebate, the Stamp Duty on your property would be $. Click here for full details.
First home owner grant
How to apply for a $10,000 grant to buy or build a new home in the Northern Territory.
First Home Owner Discount
If you are buying an established home, a new home or land to build a new home in the Northern Territory (NT), you may be able to get up to $18,601 off stamp duty.
Household goods grant scheme
Apply for a grant of up to $2,000 to buy household goods.
Home renovation grant
How to apply for up to $10,000 to renovate your home.
For other incentives, please see here.
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
The Queensland First Home Owners' Grant is a state government initiative to help first home owners to get their new first home sooner.
Depending on the date of your contract, you'll get $15,000 or $20,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000).
The grant is paid per new home and not to each of the applicants for the same home.
All the details on Financial help and incentives here.
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
The First Home Owner Grant (FHOG) applies to the purchase or construction of a new residential property, including a house, flat, unit, townhouse or apartment that meets local planning standards anywhere in South Australia. FHOG ceased for established homes from 1 July 2014.
The residential property must be occupied as each applicants' principal place of residence for a continuous period of at least six months commencing within 12 months of date of settlement for contracts to purchase, or the date construction is completed for owner builders or contracts to build.
For FHOG amounts and conditions please Click here
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
The Tasmanian Government has extended the $20 000 First Home Owner Grant for one additional year, from 1 July 2019 to 30 June 2020.
The First Home Owner Grant is a one-off payment for eligible applicants who buy or build a new home, where the transaction meets certain eligibility criteria.
The extension will mean that the increased $20 000 payment will be available for eligible transactions entered in to up until and including 30 June 2020.
Duty concession for first home buyers of established homes factsheet
Provides a 50 per cent concession on property transfer duty for first home buyers of established homes with a property value of $400 000 or lower. The concession has been extended until 30 June 2020.
Calculations to the right do not show discount.
Duty concession for pensioners downsizing to a new home factsheet
Provides a 50 per cent property transfer duty concession until 30 June 2020 to eligible pensioners who sell their existing home and downsize to a new home valued at $400 000 or lower.
Foreign investor duty surcharge
Introduces a Foreign Investor Duty Surcharge from 1 July 2018 of an additional 3 per cent on the dutiable value for all transactions of residential property by foreign persons. An additional 1.5 per cent also applies on the dutiable value of a property for all transactions of primary production property by foreign persons.
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
First Home Owner Grant If you are buying or building a new home valued up to $750,000, you may be eligible for a First Home Owner Grant (FHOG). If you are eligible for the FHOG and the home you are buying is in regional Victoria, you will receive $20,000. If the home is not in regional Victoria, the grant is $10,000. The home must be less than five years old to be eligible for the FHOG.
Exemptions and Concessions
HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home or substantially renovate an existing home where the contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date.
See this fact sheet for detailed information.
The first home owner grant is a one-off payment to encourage and assist first home buyers to buy or build a residential property for use as their principal place of residence. For more information refer to the First Home Owner Grant Fact Sheet.
First home owners may qualify for the grant and/or the first home owner rate of duty if they are either purchasing an established home or if they are building or purchasing a new home. The grant has:
Find detailed information in the FHOG Guide.
Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as indication only. They are neither a quote nor a pre-qualification for a home loan.