First home buyer stamp duty and grants by state (2026–27)
Facts checked 27 October 2026
Stamp duty and grants for first home buyers are set by each state and change often — Tasmania’s exemption ended on 30 June 2026, WA lifted its thresholds in May 2026 and the ACT removed its income test in July. Here’s where each one stands.
See where you stand in 5 minutesFree self-check against lenders’ published rules. No credit check.Stamp duty relief and grants for first home buyers
Owner-occupier first home buyers who meet each state’s conditions (usually moving in within 12 months). Our readiness check calculates the exact duty for your price.
| State | Stamp duty relief | First Home Owner Grant (new homes) |
|---|---|---|
| NSW | No duty up to $800,000; concession to $1m (vacant land $350k–$450k) | $10,000 (homes up to $600k; land + build up to $750k) |
| VIC | No duty up to $600,000; concession to $750,000 | $10,000 (up to $750k) |
| QLD | New home or vacant land: no duty, no cap. Established: none up to $700k, stepped concession to $800k | $30,000 (under $750k) |
| WA | From 7 May 2026: no duty up to $600,000; concession to $800,000 (vacant land $450k–$550k) | $10,000 (cap $800k; $1m north of the 26th parallel) |
| SA | New home or land to build: no duty, no cap. Established: no relief | $15,000 (no cap) |
| TAS | None for settlements after 30 June 2026 | $20,000 (2026–27) |
| ACT | Home Buyer Concession Scheme: no duty, no income or price cap from 1 July 2026 (no property interest in the past 5 years) | None |
| NT | Established: none. New house-and-land packages: exempt until 30 June 2027 | $50,000 HomeGrown Territory Grant (until 30 Sep 2027) |
Don’t forget the 5% Deposit Scheme
Since October 2025 the government’s 5% Deposit Scheme has had no income caps or place limits, so many first home buyers can avoid Lenders Mortgage Insurance with a 5% deposit, under the property price cap for their area.
Sources
- Revenue NSW — First Home Buyers Assistance Scheme
- SRO Victoria — first home buyer duty exemption or concession
- Queensland Revenue Office — concession rates
- Queensland — first home (new home) concession
- WA Department of Finance — transfer duty assessment
- RevenueSA — first home buyer relief
- SRO Tasmania — first home owner eligibility
- ACT Home Buyer Concession Scheme determination 2026
- NT First Home Owner Grant Act
- First Home Buyers — 5% Deposit Scheme