First home buyer stamp duty concessions
Stamp duty concessions could save you $30,000 or more depending on your state and property price. We build your deposit and borrowing strategy around maximising this advantage. Explore your first home buyer loan options.
We compare your rates with 50+ lenders
How much first home buyers save by state
| State | FHB pays $0 up to | Concession up to | Saving at typical price |
|---|---|---|---|
| NSW | $800,000 | $1,000,000 | $27,937 at $750K |
| VIC | $600,000 | $750,000 | $29,870 at $580K |
| QLD | $700,000 (new homes and land: no cap) | $800,000 | $17,350 at $700K |
| WA | $600,000 | $800,000 | $22,515 at $600K |
| SA | New homes and land, no cap | None on established homes | $26,830 on a new $600K home |
| TAS | No exemption | None | Established-home exemption ended 30 June 2026 |
| ACT | No price cap | No price cap | $22,158 at $800K |
| NT | New house and land packages | None on established homes | $29,700 on a new $600K package |
NSW
- FHB pays $0 up to
- $800,000
- Concession up to
- $1,000,000
- Saving at typical price
- $27,937 at $750K
VIC
- FHB pays $0 up to
- $600,000
- Concession up to
- $750,000
- Saving at typical price
- $29,870 at $580K
QLD
- FHB pays $0 up to
- $700,000 (new homes and land: no cap)
- Concession up to
- $800,000
- Saving at typical price
- $17,350 at $700K
WA
- FHB pays $0 up to
- $600,000
- Concession up to
- $800,000
- Saving at typical price
- $22,515 at $600K
SA
- FHB pays $0 up to
- New homes and land, no cap
- Concession up to
- None on established homes
- Saving at typical price
- $26,830 on a new $600K home
TAS
- FHB pays $0 up to
- No exemption
- Concession up to
- None
- Saving at typical price
- Established-home exemption ended 30 June 2026
ACT
- FHB pays $0 up to
- No price cap
- Concession up to
- No price cap
- Saving at typical price
- $22,158 at $800K
NT
- FHB pays $0 up to
- New house and land packages
- Concession up to
- None on established homes
- Saving at typical price
- $29,700 on a new $600K package
Do you qualify for the concession?
The eligibility rules are simpler than most people expect. You need to answer yes to four questions: Is this your first home purchase? Are you an Australian citizen or permanent resident? Will you live in it as your principal residence? Is the property within your state’s price threshold, if it has one? If you answered yes to all four, you are likely eligible. Most states only count property you’ve owned in Australia, but Queensland and the ACT count property anywhere in the world, and the ACT only looks back 5 years. The ACT, new homes in QLD and SA, and new house and land packages in the NT have no price cap. Buying with a partner who has owned before usually disqualifies the whole purchase. Investment property counts as prior ownership even if you never lived in it.
How to
claim it
Confirm eligibility before you bid
Your broker or conveyancer verifies you meet your state’s criteria before you commit. Critical when the property is near the price cap, because a settlement figure above the threshold can wipe out the exemption.
Apply at or before settlement
Your conveyancer lodges the concession with the transfer documents. If nobody submits it, you pay full duty. Confirm it’s on the settlement checklist before you exchange contracts.
Pay any remaining duty
If you qualify for a concession rather than full exemption, the reduced amount is due at settlement. Your conveyancer calculates it and includes it in the settlement statement.
Meet post-settlement obligations
Move in within the required timeframe (12 months in most states) and stay for the minimum period. Break the occupancy rules and the concession gets clawed back with interest.
How concessions stack with federal schemes
Your stamp duty concession stacks with federal schemes. The combination can be dramatic.
Help to Buy: The Help to Buy scheme contributes up to 40% equity on new homes. You still get the stamp duty concession on the full property value. A $600K existing property in VIC: $12,000 deposit, $31,070 stamp duty saved, total upfront cash under $20,000.
First Home Guarantee: Buy with 5% deposit and no LMI. Stamp duty concession still applies on top. On a $700K property in NSW: $35,000 deposit, $0 stamp duty, $0 LMI.
Use our stamp duty calculator before you make an offer. For full upfront costs, see our deposit guide.
How a broker factors stamp duty into your strategy
Stamp duty is not an isolated cost. It affects your deposit, LVR, interest rate, and lender options. Here's how we turn that into a plan specific to your situation.
Total cost mapping
We calculate stamp duty, deposit, LMI, conveyancing, and inspection costs together. One number: the exact cash you need before you start looking.
Borrowing capacity impact
Your stamp duty saving changes how much cash is left for deposit. A larger deposit means a lower LVR and better rate. We model this across lenders.
Concession confirmation
We confirm eligibility and coordinate with your conveyancer so the application is lodged correctly at settlement. No risk of missing it.
Threshold protection
If your target property is near a threshold, we flag it before you sign. Going $1 over the upper limit can cost you the whole concession.
50+ lender matching
Some lenders capitalise stamp duty into the loan. Others offer better rates at lower deposits. We match you to the one that fits.
Commission transparency
We’re paid by the lender, not by you. Stryve publishes what we earn from every lender so you can see exactly how we’re paid.
What our customers
say about us
“We had a great experience with Dylan and the team. Very professional and they took care of everything. We will definitely go through Stryve in the future.”
Carrissa Huisman
Google review, 27 Oct 2026
“Best in the business! Dylan and the team made getting my home loan simple and stress-free. They were attentive, responsive, and always kept me in the loop. Highly recommend!”
Zeki Ismen
Google review, 22 Oct 2026
“The team is awesome. Douglas and Dylan, are very thorough and are generous with their time to explore the best product that meets my needs and when they cover all the details, they follow through to the last details ensure the transaction is complete. They will also check after the issue is settled to see if any more support is needed. Simply A service. Best wishes and am sure where to go fir my next mortgage or financial advice.”
Emil
Google review, 13 Oct 2026
“Dylan and his staff have been fantastic, they have made the process very easy and stress free. They walk through everything with you from start to finish and guide you to the best options. Thank you guys much appreciated”
Paul Coleiro
Google review, 22 Sept 2026
“Dylan and the Stryve Team have been so amazing during our search for a first home. Dylan was so communicative, patient and knowledgable and kept us updated throughout the whole process. I can’t recommend them enough!”
Michael O'Malley
Google review, 30 Aug 2026
“My partner & I have had a fantastic experience with Stryve Finance. Dylan and Douglas were incredibly helpful, responsive and supportive throughout the entire process. We’re very grateful for their help and would highly recommend Stryve to anyone looking for a reliable and knowledgeable mortgage broker.”
Tanvi Mara
Google review, 19 Aug 2026
“Dylan and the team at Stryve are exceptional. He made the process so easy to understand and helped secure the loan I was after. A special mention to how efficient the team are and can move things really quickly when needed. Can’t thank them enough for everything they’ve done. Strongly recommend if you’re looking for a first class mortgage broker!”
JAMES HARVEY
Google review, 18 Aug 2026
Frequently asked questions
Find out exactly what you’ll pay
A Stryve broker maps your stamp duty, deposit, and borrowing capacity into one clear plan for your target property and state. No pressure, no obligation.
Book a strategy callNot sure which schemes you can use? Try the First Home Buyer Scheme Finder