First home buyers

First home buyers 

First Home Buyers Assistance Scheme 

As a first home buyer in NSW, you may be eligible for a full or partial exemption on transfer duty (previously known as stamp duty) under the First Home Buyers Assistance Scheme. 

You can use the residential property buyer tool to find out the taxes and duties you may need to pay, as well as exemptions and grants that you are entitled to receive. 

Requirements 

To be eligible, you must be buying your first home in Australia and the property (including the land) must be valued at less than $800,000. 

Find out about more requirements. 

First home-owner grant (new home) 

As a first home buyer in NSW, you may be eligible for $10,000 under the first home-owner grant (new home), in addition to the First Home Buyers Assistance Scheme benefits. 

To be eligible: 

1 you must be buying or building your first home 

2 the home is new and no-one has lived in it 

3 the property (including land) is valued at less than $750,000.