Save on stamp duty if you’re a first home buyer, or just don’t pay it at all.
Stamp duty is one of those pesky extra costs that a lot of homebuyers forget about and it can cost you big bucks, luckily there are stamp duty concessions available.
If you’re a first time home buyer then you won’t need to pay stamp duty for land under $300K and you’ll be eligible for a cheaper rate on land between $301K and $400K.
Here’s the current stamp duty concession rates for first home buyers:
Land
| Land Or Property Value | Duty Payable |
|---|---|
| $0-300,000 | Nothing! |
| $300,001 – $400,000 | $13.01 per every $100 over $300,000 |
Established Property
| Land Or Property Value | Duty Payable |
|---|---|
| $0-430,000 | Nothing! |
| $430,001-$530,000 | $19.19 per every $100 (whole or part) over $430,000 |
| $530,001+ | Normal stamp duty rates apply |
Find out what you qualify for today.
Simply fill out the form below and one of our friendly team will be in touch.