First Home Buyer vs General Buyer: NSW Stamp Duty Comparison
First home buyers in NSW can save thousands on stamp duty through government concessions. Use this calculator to compare what you'd pay as a first home buyer versus a general buyer.
NSW offers full stamp duty exemption for properties up to $800,000 and a sliding scale concession for properties between $800,001 and $999,999. Above $1 million, first home buyers pay the same duty as general buyers.
Scenario A: First Home Buyer
Scenario B: General Buyer
Scenario A
First Home Buyer2025-26 stamp duty rates
Scenario B
General Buyer2025-26 stamp duty rates
This calculator provides estimates only and does not constitute financial advice. Actual amounts may vary. Consult a conveyancer or solicitor for accurate costs.
How to use this comparison
- Review the pre-filled scenarios — we've set up realistic defaults for comparison
- Adjust the property price — enter your actual or expected purchase price
- Compare the results — see the stamp duty difference highlighted at the top
- Share or bookmark — the URL updates as you change inputs
FAQ
What is the NSW first home buyer stamp duty exemption?
NSW first home buyers pay no stamp duty on properties valued up to $800,000. For properties between $800,001 and $999,999, a sliding scale concession applies. Properties at $1 million or above receive no concession.
How much can first home buyers save on stamp duty in NSW?
At the exemption threshold of $800,000, first home buyers save approximately $31,335 compared to general buyers. Savings decrease on a sliding scale up to $999,999.
Who qualifies as a first home buyer in NSW?
To qualify, you must be an Australian citizen or permanent resident, have never owned property in Australia, and intend to live in the property for at least 6 continuous months within 12 months of settlement.
Can I get both the First Home Buyer exemption and First Home Owner Grant?
Yes, eligible first home buyers may receive both the stamp duty exemption/concession and the $10,000 First Home Owner Grant (for new homes up to $600,000). These are separate schemes with different eligibility criteria.
Disclaimer
This calculator provides estimates only and does not constitute financial or legal advice. Stamp duty rates and concessions are subject to change. Registration fees are approximate.
Before making property purchase decisions, consult a licensed conveyancer, solicitor, or financial adviser for accurate costs based on your specific circumstances.