In short
Whether first home buyers pay less stamp duty in each state and territory, the price thresholds and the main conditions, from official sources. Concession: 5 of 8 states and territories (New South Wales, Victoria, Queensland, Western Australia and Australian Capital Territory).
State by state
New South Wales
In New South Wales, first home buyers pay no duty on a new or existing home up to $800,000, with a concessional rate from there up to $1,000,000. Vacant land is nil up to $350,000 and reduced below $450,000.
Victoria
In Victoria, first home buyers pay no duty on a home up to $600,000 and a reduced amount from $600,001 to $750,000. The buyer must live in the home for 12 continuous months, starting within 12 months of settlement.
Queensland
In Queensland, a first home buyer pays no duty on a home up to $700,000 (contracts from 9 June 2024), and the concession fades to nil at $800,000. A new first home or first home vacant land has no value cap from 1 May 2025.
Western Australia
In Western Australia, for agreements from 7 May 2026, a first home owner pays no duty on a home up to $600,000 and $16.15 per $100 above $600,000 up to $800,000. Vacant land is nil up to $450,000.
South Australia
In South Australia, eligible first home buyers pay zero stamp duty on a new home, off-the-plan apartment, house and land package or vacant land to build on, with no value threshold. The relief does not cover an established home.
Tasmania
In Tasmania, the first home buyer duty exemption for established homes is not available for settlements after 30 June 2026, and the State Revenue Office names no replacement. It was a 100% exemption for homes up to $750,000.
Australian Capital Territory
In the ACT, an eligible home buyer pays nil duty on a home or vacant land for transactions on or after 1 July 2026, with no income or value limit in the determination. Buyers who do not meet the test pay the owner-occupier scale.
Northern Territory
In the Northern Territory, the Territory home owner discount cuts duty by the lesser of the duty assessed and $18,601 for eligible buyers whose home is worth at most $650,000. It is not limited to first home buyers.
The table
| State or territory | Concession | No duty up to | Reduced up to | Main conditions |
|---|---|---|---|---|
| New South Wales | Yes | $800,000 | $1,000,000 | contracts exchanged from 1 July 2023; move in within 12 months of settlement and live there for 12 continuous months; vacant land is nil up to $350,000 and reduced up to $450,000 |
| Victoria | Yes | $600,000 | $750,000 | individuals aged 18 or over; at least one an Australian citizen, New Zealand citizen or permanent resident; no prior grant or duty benefit, no home owned before 1 July 2000 or lived in for 6 months or more since (check the SRO wording); live there 12 continuous months starting within 12 months of settlement; all buyers on the Victorian electoral roll |
| Queensland | Yes | $700,000 | $800,000 | individual aged 18 or over; never held an interest in a residence anywhere in the world; move in within 1 year; from 1 August 2026 citizens, permanent residents or specified foreign retirees only; no value cap for a new first home or first home vacant land (from 1 May 2025) |
| Western Australia | Yes | $600,000 | $800,000 | qualify for the first home owner grant criteria (or the listed exceptions); tell the Commissioner within 30 days if a criterion will not be met; vacant land is nil up to $450,000 and reduced up to $550,000 |
| South Australia | Partly | no value threshold (new homes only) | — | eligible first home buyers only; new home, off-the-plan apartment, house and land package or vacant land to build on; not an established home; dates and conditions published by RevenueSA |
| Tasmania | No | — | — | the 100% established-home exemption (homes up to $750,000) applied only to settlements from 18 February 2024 to 30 June 2026 |
| Australian Capital Territory | Yes | no value limit | — | individuals aged 18 or over; no interest in land held by any buyer or domestic partner in the previous 5 years; occupy as principal residence for 1 continuous year; transaction date on or after 1 July 2026 |
| Northern Territory | Partly | — | $650,000 | citizen or permanent resident; no residential property in the Territory in the previous 24 months; value at most the threshold ($650,000 unless a regulation prescribes another); 6 months of residence |
“—” means the guide does not state it. Download the data: first-home-buyer-concessions.json (CC BY 4.0, cite Payotte with a link).
- South Australia: Relief covers new homes only; no partial band.
- Tasmania: Ended 30 June 2026, so no current threshold.
- Australian Capital Territory: No partial band; the determination sets no value limit.
- Northern Territory: Discount rather than an exemption; threshold is the default unless a regulation sets another.
Other tables by state
Sources
- New South Wales: First Home Buyers Assistance Scheme (Revenue NSW)
- Victoria: First home buyer duty exemption or concession (State Revenue Office Victoria)
- Queensland: First home concession (Queensland Revenue Office)
- Queensland: Transfer duty home concession rates (Queensland Revenue Office)
- Western Australia: Duties Fact Sheet: First Home Owner Rate (Government of Western Australia)
- South Australia: Home buyer support (HomeSeeker SA, Government of South Australia)
- South Australia: FAQs (HomeSeeker SA, Government of South Australia)
- Tasmania: First home buyers of established homes duty relief (State Revenue Office Tasmania)
- Tasmania: Concessions and exemptions (State Revenue Office Tasmania)
- Australian Capital Territory: Taxation Administration (Amounts Payable—Home Buyer Concession Scheme) Determination 2026, DI2026-157 (ACT Legislation Register)
- Northern Territory: Stamp Duty Act 1978, as in force at 1 July 2025 (NT Legislation)