First home buyer relief
30 April 2025
From 1 May, when you buy your first home—and it’s a new home—you might be eligible for a full transfer (stamp) duty concession. This means that if you meet the requirements, you won’t pay duty on your first home.
- Your contract (or arrangement) must be dated 1 May 2025 or later.
- There is no value cap for the home and residential land attributed to the home.
You might also be eligible for the first home owner grant.
Learn more about the:
- first home (new home) concession
- first home vacant land concession
- first home owner grant
- differences between the first home concessions and the grant.