From 1 July 2021, the amount of the home buyer concession is capped. Maximum concession amount is $35,910.
Factors such as previous property ownership, property value, income & number of dependants are all considered.
To see if you are eligible, visit here.
These calculations are not included in the results.
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 contracts exchanged on or after 1 July 2021, there is no stamp duty on off-the-plan unit (unit-titled apartment and townhouses) purchases values at $500,000 or less.
For more information on Owner Occupier duty concession, see here.
These calculations are not included in the results.
The results reflect the duty owed for a NEW home.
If your First Home is and existing property, you will pay $0 duty below $650,000 and then a reduced amount between $650,000 and $800,000. Your stamp duty will be: $
First home owners can access a $10,000 grant for building a new home under a home building contract where the contract price, when added with the land value, does not exceed $750,000. More information here
For all other concession and grants information 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.
First Home Owner Discount
This scheme finished on June 30 2021.
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.
You may be eligible, as a first home buyer for a grant of up to $15,000 on the purchase or construction of a new residential home in South Australia.
For FHOG amounts and conditions please Click here
The Tasmanian The Government has announced the Grant will increase to $30,000 backdated to 1 April 2021.
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.
See conditions
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 2022.
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 2022 to eligible pensioners who sell their existing home and downsize to a new home valued at $400 000 or lower.
Foreign investor duty surcharge
Foreign Investor Duty Surcharge from 1 April 2020 is charged as an additional 8 per cent on the dutiable value for all transactions of residential property by foreign persons. An additional1.5 per cent on the proportion of the dutiable value of primary production property directly or indirectly acquired by a foreign person.
Temporary land transfer duty (stamp duty) concessions for new residential property within the City of Melbourne local government area with a dutiable value up to $1 million. See here for full details.
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
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.