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Every state, one guide

Pay less stamp duty —
sometimes zero.

Stamp duty is one of the biggest upfront costs of buying — and every state runs its own concessions, thresholds and exemptions. Several have expanded in 2026. Here's what applies where you're buying.

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First home buyer snapshot
Pick a state, see the concession.
State or territory
Purchase price
Standard buyer
$26,235
stamp duty
As a first home buyer
$0
with the concession
That's $26,235 back in your pocket at settlement.

Indicative only, for an owner-occupied purchase. Actual eligibility depends on prior property ownership, residency requirements and your state's current settings — a broker confirms the exact figure.

Why this catches people out

One of your biggest costs — and it's different everywhere.

Stamp duty (also called transfer duty or conveyance duty) is set and collected by each state and territory government, not the federal government. That means the brackets, the thresholds, and — critically — the first home buyer concessions are completely different depending on where you're buying.

On a typical purchase it can run to tens of thousands of dollars, payable upfront, on top of your deposit. A concession you qualify for — and don't know about — can be the difference between comfortably affording the move and coming up short at settlement.

2026 has brought genuine change: several states have expanded or extended their concessions this year, and the ACT is removing stamp duty for eligible first home buyers entirely from 1 July 2026. If you last checked the rules a couple of years ago, they may already be out of date.

State by state

First home buyer stamp duty,
every state and territory.

All figures are for an eligible first home buyer on an owner-occupied purchase. Investors don't qualify for these concessions.

NSW

Full exemption up to $800k

Then a phased partial concession between $800k and $1m for eligible first home buyers on an owner-occupied purchase.

VIC

Full exemption up to $600k

Then a phased partial concession between $600k and $750k. Victoria has also extended its off-the-plan concession through to October 2026.

QLD

Full concession up to $500k

First home buyers pay no transfer duty on an owner-occupied purchase at or below the threshold.

WA

Full exemption up to $430k

Then a phased partial concession between $430k and $530k. WA has separately extended and raised its off-the-plan concession thresholds for new and under-construction homes.

SA

No dedicated FHB duty concession

South Australia doesn't offer a stamp duty exemption for first home buyers — support instead comes through the First Home Owner Grant on new builds.

TAS

50% concession, no price cap

Eligible first home buyers pay half the standard duty on an owner-occupied purchase, regardless of price.

ACT

Moving to a full exemption

From 1 July 2026, eligible first home buyers, pensioners and eligible buyers under the Disability Duty Concession Scheme pay no stamp duty at all.

NT

No dedicated FHB duty concession

The Northern Territory doesn't offer a first home buyer stamp duty exemption — duty applies on the standard formula regardless of buyer type.

Thresholds and eligibility rules move — several states have already changed theirs this year. Use the calculator above for your exact figures, or ask a broker to confirm what applies to your purchase.
What's actually changed

2026 budget updates worth knowing.

A handful of states moved on stamp duty in their 2026 budgets. None of it is guaranteed to stay put — check current eligibility before you rely on any figure.

ACT

Full exemption from 1 July 2026

Eligible first home buyers, pensioners, and buyers under the Disability Duty Concession Scheme pay no stamp duty at all — a shift from the previous concession-based approach.

WA

Off-the-plan concession extended

The off-the-plan and under-construction concession has been extended, with higher price thresholds, running through to mid-2028 as part of the state budget.

VIC

Off-the-plan concession extended

Victoria's off-the-plan concession — a separate benefit to the standard first home buyer exemption — has been extended for a further 12 months.

Worked example

The same $650,000 home, two very different bills.

Picture a buyer purchasing a $650,000 home in New South Wales as an owner-occupier. As a standard buyer, they'd pay stamp duty of roughly $23,000. Because their purchase price sits under the $800,000 first home buyer exemption threshold, and they qualify as an eligible first home buyer, they pay $0.

Now picture the same buyer, the same price, purchasing in South Australia instead — a state with no dedicated stamp duty exemption for first home buyers. They'd pay the standard duty regardless of being a first-time buyer, though they may still be eligible for a separate cash grant on a new build.

The lesson: where you buy can matter almost as much as what you buy. A broker checks your specific eligibility — prior ownership, residency, and the property type — before you budget around any figure.

This is an illustrative example, not a specific client. Every application is subject to individual circumstances, eligibility criteria and each state's current settings at the time of purchase. This is general information within Australian Credit Licence scope and is not financial, tax or credit advice.
Keep readingRun your own numbers on the full stamp duty calculator
Stamp duty FAQs

Questions, answered.

NSW, VIC, QLD, WA, TAS and ACT all offer a first home buyer stamp duty concession or exemption on an owner-occupied purchase, though the thresholds and structure differ. SA and NT don't offer a dedicated stamp duty exemption for first home buyers, though other grants may apply.

No. Every state's first home buyer stamp duty concession requires the property to be your principal place of residence — investment purchases pay the standard rate regardless of whether you've owned property before.

No, they're different. A stamp duty concession reduces or removes the duty payable on your purchase. The First Home Owner Grant is a separate cash payment, typically only available on new or substantially renovated homes. You may be eligible for both.

From 1 July 2026, eligible first home buyers, pensioners, and buyers under the Disability Duty Concession Scheme pay no stamp duty at all in the ACT — a move to a full exemption rather than the previous concession structure.

Usually yes, but several states — including WA and VIC — run separate off-the-plan concessions on top of or instead of the standard first home buyer exemption, often with more generous price thresholds. These have both been extended in 2026.

Use the calculator on this page for an indicative figure, or the full stamp duty calculator for every state. Because eligibility depends on your prior ownership history, residency, and the property itself, a broker confirms the exact number before you rely on it.

Find out exactly
what you'd pay.

A licensed broker confirms your concession eligibility and the exact figure to budget for — before you make an offer. No phone number, no obligation.

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First Home Buyer Stamp Duty Concessions | Every State, 2026 | LendChat