First-Home Buyer Stamp Duty Concessions 2025-26: State-by-State Guide
9 July 2026 · 11 min read · General information only
What Is Stamp Duty and Why Does It Matter for First-Home Buyers?
Stamp duty is a state government tax you pay when you buy property. For first-home buyers, it can add tens of thousands of dollars to your upfront costs. In 2025-26, every state and territory offers some form of concession or exemption to help you get into the market sooner.
Understanding what you’re eligible for can save you thousands. The rules vary wildly depending on where you buy and the property’s value. This guide breaks down the 2025-26 thresholds, exemptions, and how to use our stamp duty calculator to see your exact savings.
New South Wales (NSW) – First-Home Buyer Assistance Scheme
NSW offers a full exemption on stamp duty for first-home buyers purchasing existing homes valued up to $800,000, and a concessional rate for homes between $800,000 and $1,000,000.
- Full exemption: Properties up to $800,000.
- Concessional rate: Properties between $800,001 and $1,000,000.
- No stamp duty on new homes valued up to $800,000 (including off-the-plan).
- First-home buyer grant: $10,000 for new homes valued up to $600,000.
Example: If you buy an existing home for $750,000 in Sydney, you pay $0 stamp duty instead of approximately $28,000.
Victoria (VIC) – First Home Owner Duty Exemption
Victoria offers a full exemption for first-home buyers purchasing properties valued up to $600,000, and a concessional rate for homes between $600,001 and $750,000.
- Full exemption: Properties up to $600,000.
- Concessional rate: Properties between $600,001 and $750,000.
- First-home buyer grant: $10,000 for regional properties (up to $750,000) and $20,000 for metropolitan properties (up to $750,000).
- Off-the-plan concessions: Additional savings for new builds.
Note: Victoria’s off-the-plan duty concession also applies to investors, but first-home buyers get the best deal.
Queensland (QLD) – First Home Concession
Queensland provides a full exemption for first-home buyers on homes valued up to $500,000, and a concessional rate for properties between $500,001 and $600,000.
- Full exemption: Properties up to $500,000.
- Concessional rate: Properties between $500,001 and $600,000.
- First-home owner grant: $15,000 for new homes valued up to $750,000.
- No stamp duty on vacant land up to $250,000 (if building within two years).
Western Australia (WA) – First Home Owner Rate
Western Australia offers a full exemption for first-home buyers on homes valued up to $430,000, and a concessional rate for properties between $430,001 and $530,000.
- Full exemption: Properties up to $430,000.
- Concessional rate: Properties between $430,001 and $530,000.
- First-home owner grant: $10,000 for new homes valued up to $430,000.
- Regional bonus: Additional $5,000 for regional first-home buyers.
South Australia (SA) – First Home Owner Grant and Duty Concession
South Australia offers a full exemption for first-home buyers on homes valued up to $450,000, and a concessional rate for properties between $450,001 and $550,000.
- Full exemption: Properties up to $450,000.
- Concessional rate: Properties between $450,001 and $550,000.
- First-home owner grant: $15,000 for new homes valued up to $575,000.
- Regional bonus: $2,000 for regional first-home buyers.
Tasmania (TAS) – First Home Owner Duty Exemption
Tasmania offers a full exemption for first-home buyers on homes valued up to $400,000, and a concessional rate for properties between $400,001 and $500,000.
- Full exemption: Properties up to $400,000.
- Concessional rate: Properties between $400,001 and $500,000.
- First-home owner grant: $10,000 for new homes valued up to $500,000.
- No stamp duty on off-the-plan purchases up to $500,000 (limited time).
Australian Capital Territory (ACT) – First Home Owner Grant and Concession
The ACT uses a progressive duty system. First-home buyers can receive a concessional rate on properties valued up to $1,000,000.
- Full exemption: Properties up to $500,000.
- Concessional rate: Properties between $500,001 and $1,000,000.
- First-home owner grant: $10,000 for new homes valued up to $750,000.
- Home Buyer Concession: Available for low-income buyers (income tested).
Northern Territory (NT) – First Home Owner Grant and Duty Exemption
The NT offers a full exemption for first-home buyers on homes valued up to $500,000.
- Full exemption: Properties up to $500,000.
- First-home owner grant: $10,000 for new homes valued up to $600,000.
- No stamp duty on off-the-plan purchases up to $500,000.
How to Use the Stamp Duty Calculator
Our free stamp duty calculator lets you enter your state, property price, and buyer type to instantly see:
- Your estimated stamp duty amount.
- Any first-home buyer savings you’re eligible for.
- Total upfront costs including stamp duty, LMI, and legal fees.
Simply select your state, enter the property’s purchase price, and check the “first-home buyer” box. The calculator applies the latest 2025-26 thresholds and concessions automatically.
Additional Tips for First-Home Buyers
- Check your eligibility early: Each state has different rules about income, residency, and previous property ownership.
- Consider buying off-the-plan: Some states offer extra concessions for new builds.
- Combine with other schemes: FHOG, shared equity, and deposit assistance can stack with stamp duty savings.
- Use our mortgage calculator: Once you know your stamp duty, estimate your monthly repayments and see how much you can borrow.
Summary Table: 2025-26 First-Home Buyer Stamp Duty Concessions
| State | Full Exemption Threshold | Concessional Rate Threshold | FHOG (New Home) |
|---|---|---|---|
| NSW | Up to $800,000 | $800,001 – $1,000,000 | $10,000 (up to $600k) |
| VIC | Up to $600,000 | $600,001 – $750,000 | $10k (regional) / $20k (metro) |
| QLD | Up to $500,000 | $500,001 – $600,000 | $15,000 (up to $750k) |
| WA | Up to $430,000 | $430,001 – $530,000 | $10,000 (up to $430k) |
| SA | Up to $450,000 | $450,001 – $550,000 | $15,000 (up to $575k) |
| TAS | Up to $400,000 | $400,001 – $500,000 | $10,000 (up to $500k) |
| ACT | Up to $500,000 | $500,001 – $1,000,000 | $10,000 (up to $750k) |
| NT | Up to $500,000 | N/A | $10,000 (up to $600k) |
Note: Thresholds and grants are subject to change. Always check your state revenue office for the latest details.
Final Thoughts
Stamp duty is one of the biggest upfront costs when buying a home. As a first-home buyer, you could save thousands—sometimes completely eliminating stamp duty—if you buy within your state’s concession thresholds. Use our stamp duty calculator to see your exact savings and plan your budget with confidence.
This is general information only, not financial advice.