First home buyers may be eligible for exemptions or concessions on transfer duty under the First Home Buyers Assistance scheme.
For homes or vacant land bought from 1 July 2023, you can apply for a full exemption if:
You can apply for a concession if:
For homes or vacant land bought before 1 July 2023, refer to First Home Buyer Assistance scheme thresholds.
You must have already exchanged contracts to purchase your first home or vacant land.