First Home Owner

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​When ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​purchasing your first home the PropertyBuyer tool ​can help you understand your tax obligations. 

If you are looking to ​build or buy a residence, check if you are eligible for the first home owner grants or concessions.​


​New residence​​​​

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​​First home buyers who are building a new residence or purchasing a newly built residence may be eligible for a grant of up to $30 000.​

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​​​Existing residence​

 
​First home buyers purchasing an established home may be eligible for the First Home Owner duty concession of 50 per cent discount, on eligible established homes with a dutiable value of $600 000 or less​​ (backdated to take effect for transactions from 1 January 2022).​
First home buyers building or buying a new home may be for the $25 000 Commonwealth HomeBuilder Grant.
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