First home buyer guide
First Home Buyer Guide NSW 2025-26
Complete first home buyer guide for New South Wales. Stamp duty concessions, First Home Owner Grant, FHSS eligibility, and savings calculator for NSW in 2025-26.
Stamp duty concessions FHOG + FHSS
What first home buyers get in NSW
→ 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
Stamp duty — first home buyer vs standard
See how much you could save on stamp duty as a first home buyer in New South Wales.
| Property price | Standard duty | FHB duty | You save |
|---|---|---|---|
| $400k | $12,412.00 | $0.00 | $12,412.00 |
| $500k | $16,912.00 | $0.00 | $16,912.00 |
| $600k | $21,412.00 | $0.00 | $21,412.00 |
| $700k | $25,912.00 | $0.00 | $25,912.00 |
| $800k | $30,412.00 | $0.00 | $30,412.00 |
| $900k | $34,912.00 | $17,456.00 | $17,456.00 |
| $1M | $39,412.00 | $39,412.00 | — |
Related tools
FAQ
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.