What is Queensland's first home concession?

Queensland offers full stamp duty exemption for new homes at any price, and for established homes up to $700,000. Established homes between $700,001-$800,000 get a sliding scale concession. Above $800,000, no concession applies to established homes.

What counts as a 'new home' in Queensland?

A new home is one that hasn't been previously sold as a home or lived in. This includes off-the-plan purchases, house and land packages, and newly constructed homes. The key is that you're the first person to own it as a residence.

First home buyer

QLD First Home Buyer Stamp Duty Calculator

Queensland has one of Australia's most generous first home buyer schemes. New homes are completely exempt from stamp duty regardless of price.

Toggle between new and established homes to see your savings.

New homes exempt $700K established $15-30K FHOG

01 —INPUTS

Property price

Property type

Established homeNew home

Established: Full exemption up to $700,000. Sliding scale $700,001-$800,000.

02 —RESULTS

Enter a property price to estimate your first home buyer stamp duty savings in Queensland.

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New homes (any price)

Property value	Concession	You pay
Any value	Full exemption	$0 duty

Established homes

Property value	Concession	You pay
$0 – $700,000	Full exemption	$0 duty
$700,001 – $800,000	Sliding scale	Proportional duty *
Over $800,000	None	Full home concession duty

* Sliding scale formula: Home concession duty × [(Value − $700,000) / $100,000]

What counts as a new home?

→ Off-the-plan apartments not previously occupied

→ House and land packages

→ Newly constructed homes

→ Substantially renovated homes (never previously lived in after renovation)

The key criterion is that you're the first person to own it as a place of residence.

Eligibility requirements

→ You must be 18 years or older

→ Australian citizen or permanent resident

→ Never owned residential property in Australia (you or your spouse)

→ Move into the property within 1 year of settlement

→ Live there as your principal residence for at least 1 year

First Home Owner Grant (FHOG)

Queensland also offers a $30,000 regional or $15,000 metro First Home Owner Grant for new homes valued under $750,000. This is separate from the stamp duty concession.

FAQ

Can I claim both the grant and duty exemption?

Yes, you can receive both the FHOG ($15,000-$30,000) and the stamp duty exemption if you meet the eligibility criteria for each.

What if I buy above $800,000 established?

You won't receive any first home concession, but you'll still get the home concession rate (lower than investor rates) if you're living in the property.

Tax Accuracy & Sources

Reviewed: March 2026 · Tax year: 2025-26

Estimates Queensland transfer duty savings for first home buyers. Covers full exemption for new homes and the sliding scale concession for established homes up to $800,000. Does not cover vacant land concessions or the home concession for non-first-home buyers.

Planning your first home purchase?

Compare stamp duty concessions, grants, and FHSS savings across all Australian states in one place.

View the First-Home Buyer Guide →

QLD First Home Buyer Stamp Duty Calculator

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Tax Accuracy & Sources

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