Home Buyers Concession
From 1 July 2022, the amount of the home buyer concession is capped. Maximum concession amount is $34,270.
Factors such as previous property ownership, property value, income & number of dependants are all considered.
To see if you are eligible, visit here.
Off the plan units - from 1 April 2022
For contracts exchanged on or after 1 April 2022, there is no stamp duty on off-the-plan unit (unit-titled apartment and townhouses) owner occupier purchases valued at $600,000 or less.
Owner occupier duty concession
The ACT Government is offering stamp duty concessions in the ACT for some home buyers planning to live in their new property. Note these are separate from a new owner occupier base rate for stamp duty.
For more information on Owner Occupier duty concession, see here.
First Home Buyer Choice
First Home Buyer Choice (FHBC) is now closed.
First Home Buyers Assistance
If your First Home is and is a new or existing property, you will pay $0 duty below $800,000 and then a reduced amount between $800,000 and $1,000,000. Your stamp duty will be: $
First Home Owner Grant (New Homes).
A $10,000 First Home Owner Grant (FHOG) is available when you buy or build your first new home.
Your first new home can be a house, townhouse, apartment, unit or similar that is newly built, purchased off the plan or substantially renovated.
How much can I spend?
If you purchase a newly built house, townhouse, apartment, unit or similar the purchase price must not exceed $600,000. More information here
For all other grants and schemes please click here.
First home owner grant
How to apply for a $10,000 grant to buy or build a new home in the Northern Territory.
More information on Home Owner Assistance in the NT
This scheme finished on June 30 2021.
Home Builder Grant The HomeBuilder grant is closed to new applications.
The Queensland First Home Owners' Grant is a state government initiative to help first home owners to get their new first home sooner.
If your contract is dated 1 July 2018 or later, you can get the Queensland grant of $15,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). The grant is paid per new home; not to each of the applicants for the same home.
All the details on Financial help and incentives here.
2024-25 State Budget removes the property value cap for first home owner grant for eligible contracts entered into on or after 6 June 2024
For full details please view this page.
2024-25 State Budget removes the property value cap for stamp duty relief for eligible first home buyers for contracts to purchase a new home or vacant land entered into on or after 6 June 2024
For full details please view this page.
First Home Owner Grant
A first home owner grant is available to eligible applicants who purchase or build a new home in Tasmania from 1 July 2016. A new home is a home that has not previously been occupied or sold as a place of residence and includes kit homes.
The amount of the grant is determined by the date that the eligible transaction commenced.
Transactions commencing from 1 July 2024 will be eligible for $10 000.
Transactions that commenced between 1 April 2021 and 30 June 2024 will be eligible for $30 000.
Please see here for further details.
Duty exemption between 18 February 2024 to 30 June 2026
The exemption provides an exemption from property transfer duty for first home buyers of established homes which have a dutiable value of $750 000 or less which settle (i.e. transfers that complete) between 18 February 2024 to 30 June 2026 inclusive. See eligibility here.
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 2025 to eligible pensioners who sell their existing home and downsize to a new home valued at $600 000 or lower.
First Home Owner Grant
You can receive $10,000 with the First Home Owner Grant (FHOG)
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) of $10,000. To be eligible, the home must not have been previously sold or occupied.
Exemptions and Concessions
The first home owner grant of $10,000 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.
This applies to property that is either a principal place of residence or a WA business asset, and the value of the entire property doesn't exceed $200,000.
To see if you are eligible please read this page.
Concessional rates are not included in the calculations.
Disclaimer: Whilst every effort has been made to ensure the accuracy of this calculator, the results should be used as an indication only. They are neither a quote nor a pre-qualification for a home loan.