Stamp Duty · Calculator
First Home Buyer Stamp Duty on $650,000 in New South Wales (2026-27)
First home buyers purchasing a $650,000 property in New South Wales pay no stamp duty, compared to the standard rate of $23,437. That's a saving of $23,437. This page compares standard and FHB duty, and shows how NSW compares to other states.
FHB stamp duty $0.00 First home buyer duty on $650,000 in NSW
Standard duty $23,437.00
FHB saving $23,437.00
Effective rate 0.00%
FHB vs Standard Duty Breakdown
| Purchase price | $650,000 |
| Standard stamp duty | $23,437.00 |
| First home buyer duty | $0.00 |
| FHB saving | $23,437.00 |
| Transfer registration fee | $183.00 |
| Mortgage registration fee | $183.00 |
| Total upfront government costs (FHB) | $365.00 |
| Effective FHB stamp duty rate | 0.00% |
NSW First Home Buyer Concession
New South Wales gives first home buyers a full stamp duty exemption on eligible homes up to $800,000, with a concessional (reduced) rate between $800,000 and $1,000,000. Above that, standard duty applies.
At $650,000, first home buyers in NSW pay no stamp duty — this price sits within the full first home buyer exemption.
Key first home buyer facts in NSW
| First Home Owner Grant | $10,000.00 |
| Grant property-value cap | $600,000.00 |
| Grant applies to | New homes only |
| Move in within | 12 months of settlement |
| Minimum residence | 12 months |
| FHSS super-saver scheme | Available |
NSW first home buyer policy highlights
→ Full stamp duty exemption on properties up to $800,000
→ Concessional stamp duty on properties between $800,000 and $1,000,000
→ $10,000 First Home Owner Grant for new homes up to $600,000
→ First Home Buyer Assistance Scheme applies to both new and existing homes
→ FHSS scheme available to boost your deposit savings through super
Use our NSW First Home Buyer Calculator to check your eligibility and get a personalised breakdown.
Compare Nearby FHB Prices in NSW
Compare FHB Duty on $650,000 Across States
Frequently asked questions
How much stamp duty do first home buyers pay on a $650,000 property in NSW?
First home buyers purchasing a $650,000 property in New South Wales pay no stamp duty (full exemption). This compares to the standard rate of $23,437, representing a saving of $23,437. Including transfer and mortgage registration fees, total upfront government costs are $365.
How much do first home buyers save on stamp duty for $650k in NSW?
First home buyers save $23,437 on stamp duty for a $650,000 property in New South Wales. The standard stamp duty is $23,437, while the first home buyer rate is $0 (full exemption). New South Wales gives first home buyers a full stamp duty exemption on eligible homes up to $800,000, with a concessional (reduced) rate between $800,000 and $1,000,000. Above that, standard duty applies.
What are the eligibility requirements for first home buyer stamp duty concessions in NSW?
Eligibility for first home buyer stamp duty concessions in New South Wales typically requires that you are an Australian citizen or permanent resident, have never owned property in Australia before, and intend to live in the property as your principal place of residence. New South Wales gives first home buyers a full stamp duty exemption on eligible homes up to $800,000, with a concessional (reduced) rate between $800,000 and $1,000,000. Above that, standard duty applies. Use our NSW First Home Buyer Calculator for a detailed eligibility check.
What is the stamp duty exemption threshold for first home buyers in NSW?
First home buyers in NSW pay no stamp duty on properties valued up to $800,000. For properties between $800,000 and $1,000,000, a concessional rate applies with a sliding scale discount. Properties over $1,000,000 pay the full standard stamp duty rate.
Can I get the First Home Owner Grant and stamp duty exemption together in NSW?
Yes, but the FHOG only applies to new homes valued up to $600,000, while the stamp duty exemption covers properties up to $800,000. If you're buying a new home under $600,000, you can receive both benefits. If buying an existing home, you can still get the stamp duty exemption but not the FHOG.
Do I need to live in the property to qualify for NSW first home buyer benefits?
Yes, you must move into the property within 12 months of settlement and live there continuously for at least 12 months. You cannot use the concessions for investment properties.
Need a detailed FHB calculation?
Our interactive NSW First Home Buyer Calculator lets you enter any property value and see a full breakdown of FHB duty, concessions, and eligibility.
Not a first home buyer? See the standard stamp duty on $650,000 in NSW.