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 grant or duty concession.

New residence​​​​

First home buyers who are building a new residence or purchasing a newly built residence may be eligible f​or 
a grant of up to $20 000. ​

 


​​​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 $400 000 or less.
 
 
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