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Great opportunity for first home buyers in 2017

Increased first home buyers grant and stamp duty exemptions

Stamp Duty Exemptions

2017 First Home Buyers Stamp Duty

From 1 July 2017, first home buyers purchasing properties valued below $600,000 will be exempt from paying stamp duty. Further, first home purchases valued between $600,000 and $750,000 will receive a concession applied on a sliding scale. It will be available for new and established home purchases.

Double the First Home Owner Grant

First Home Buyers Regional Map 2017

For contracts signed between 1 July 2017 and 30 June 2020, the First Home Owner Grant (FHOG) for regional new home purchases will double to $20,000. The increase will help first home buyers to purchase in their local community and will help support construction and employment.

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