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First home buyer relief - Queensland Revenue Office From 1 May, when you buy your first home—and it’s a new home—you might be eligible for a full transfer (stamp) duty concession This means that if you meet the requirements, you won’t pay duty on your first home Your contract (or arrangement) must be dated 1 May 2025 or later
Stamp Duty Exemption for First Home Buyers in Queensland in 2025 Starting on 1 May 2025, the Queensland Government will implement a stamp duty exemption for first-home buyers This new policy applies when purchasing a brand-new property or a substantially renovated home that meets the legal standards outlined in the GST Act 1999
Stamp Duty for First Home Buyers in QLD And What You Need to Know First home buyers in QLD are exempt from stamp duty for properties under $700,000 Concessional stamp duty rates apply between $700,000 and $800,000 for first home buyers From May 1, 2025, stamp duty will be abolished for first home buyers purchasing new builds
No stamp duty for first home buyers on new builds The Queensland Government is easing costs for first home buyers, with new rules removing stamp (transfer) duty from 1 May 2025 Eligible first home buyers will save $9,096 on a median-priced house-and-land package in Queensland
Stamp Duty Savings For First Home Buyers In Queensland The Queensland government has enacted legislation eliminating stamp duty for first-home buyers purchasing new builds, effective May 1, 2025 This initiative aims to alleviate the financial burden on first-time buyers and stimulate the housing market
Queensland First Home Buyers to Benefit from Stamp Duty Exemption on . . . In a significant move to assist first home buyers, the Queensland Government has passed legislation eliminating stamp duty for those purchasing new builds, effective from 1 May 2025 This change is part of the Revenue Legislation Amendment Bill, aiming to provide major cost-of-living relief and make homeownership more attainable
Queensland government passes new laws scrapping stamp duty for first . . . From May 1 this year, first home buyers purchasing a new build will no longer need to pay stamp duty The costly tax, also known as transfer duty, can be a major barrier to home ownership, which was highlighted in submissions to the government about the legislation
Queenslands First-Home Buyer Stamp Duty Rules Explained Following an announcement in February 2025, Queensland’s new stamp duty concession has officially commenced for first-home buyers Previously, these buyers could receive a stamp duty waiver for properties valued under $700,000, and a concessional rate for homes up to $800,000