Discounts and Exemptions

If you are a first-home owner, you may be eligible to receive a range of Land Transfer Duty discounts and exemptions. Further information regarding eligibility requirements can be found on the the State Revenue Office website.

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First Home Owners Grant

To be eligible for a grant of $10,000, you must be buying or building a new home valued up to $750,000. Established homes are no longer eligible.

First-home buyer duty reduction

If you are purchasing a new or established property that is valued between $130,000 and $600,000, you may be entitled to a 50% reduction on Land Transfer Duty (formerly Stamp Duty).

Off-the-plan duty concession

This applies to those purchasing a land and building package or a refurbished lot.

Duty exemption/concession for first-home owners with a family

If you are a first home buyer with a family and the property is valued at less than $150,000, you may be entitled to a full exemption. A duty concession is available for properties valued at no more than $200,000.

Duty exemption/concession for first-home owner pensioners

A full exemption applies to properties valued up to $330,000. If the property is valued between $330,000 and $750,000, the buyer is entitled to a concession. You must hold a relevant concession card to be eligible.

Principal place of residence concession

A duty concession is available for new or established properties valued up to $550,000. To be eligible, the property must be your primary home which you intend to live in within 12 months of settlement and remain there for a minimum of 12 months.

Young farmers buying a farm exemption/concession

If you are under 35 and buying your first farmland property, which is valued below $750,000 you may be eligible to receive assistance.

Buying or selling a property? We can help.

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