First Home Buyer Stamp Duty Exemption Threshold 2026 by State
If you are searching for the first home buyer stamp duty exemption threshold in 2026, here is the fast answer: NSW is up to $800,000, Victoria is up to $600,000, WA is up to $430,000, and other states use a mix of concessions, discounts, or narrower eligibility rules.
This guide is built to answer the exact search quickly, then show where the concession bands start, where zero duty ends, and which states do not have one clean blanket threshold.
What is the first home buyer stamp duty exemption threshold in 2026?
The first home buyer stamp duty exemption threshold in 2026 depends on your state. In NSW, eligible buyers can get a full exemption up to $800,000, in Victoria up to $600,000, and in WA up to $430,000, while other states use narrower concessions or different eligibility rules.
Quick answer:
- NSW: full exemption up to $800,000, concession up to $1 million
- Victoria: full exemption up to $600,000, concession up to $750,000
- WA: full exemption up to $430,000, concession up to $530,000
- Tasmania: 50% duty discount on eligible homes up to $600,000
- Queensland, ACT, SA, NT: rules are more conditional and should be checked against the current state scheme
If you want the exact dollar figure, use our stamp duty calculator.
First home buyer stamp duty thresholds 2026, state by state
| State | Full exemption | Concession / discount | Main note |
|---|---|---|---|
| NSW | Up to $800,000 | $800,001 to $1 million | Separate rules also apply to vacant land. |
| Victoria | Up to $600,000 | $600,001 to $750,000 | Concession phases out gradually. |
| Queensland | No simple flat threshold answer | Varies by concession and property type | Check the QRO concession that matches your purchase. |
| WA | Up to $430,000 | Up to $530,000 | Citizenship and residency rules apply. |
| SA | No simple blanket statewide exemption | Targeted support only | Check RevenueSA for the exact purchase type. |
| Tasmania | No full exemption in the usual sense | 50% discount up to $600,000 | Still useful, just not zero duty. |
| ACT | Can be nil or reduced | Depends on the Home Buyer Concession Scheme | No clean single threshold answer. |
| NT | No blanket exemption for every buyer | Targeted support only | Often tied to eligible new packages or specific support rules. |
NSW first home buyer stamp duty exemption threshold 2026
The NSW first home buyer stamp duty exemption threshold in 2026 is the strongest headline number in the country for established homes.
- Full exemption: up to $800,000
- Concession: from $800,001 to $1 million
- Extra note: vacant land has separate rules and thresholds
That means queries like NSW first home buyer stamp duty concession 2026 or NSW first home buyer stamp duty threshold 2026 are really asking whether you are below $800k, between $800k and $1m, or above it.
Victoria first home buyer stamp duty exemption threshold 2026
The Victoria first home buyer stamp duty exemption threshold in 2026 is lower than NSW, but still very useful for many first-home buyers.
- Full exemption: up to $600,000
- Concession: up to $750,000
If you are searching for Victoria first home buyer stamp duty concession 2026 or Victoria first home buyer stamp duty exemption threshold 2026, the key thing is that Victoria phases the concession out rather than cutting it off instantly at $600k.
Queensland first home buyer stamp duty threshold 2026
Queensland is where people get tripped up. There is not one clean, universal Queensland first home buyer stamp duty exemption threshold 2026 answer you can safely apply to every purchase.
The outcome depends on the concession type, whether you are buying a home or land, and which current QRO rules apply. So for Queensland, use the calculator and verify the exact concession path before assuming you pay zero.
What if you go over the threshold?
Going over the full exemption threshold does not always mean you instantly pay full duty.
For example:
- In Victoria, the concession phases out between $600,000 and $750,000.
- In NSW, a concession can still apply between $800,001 and $1 million.
That is why buyers near the threshold should negotiate hard. A small price difference can save a surprisingly large amount of duty.
What counts as a first home buyer?
Most states broadly expect you to:
- not have owned property before, sometimes with stricter wording depending on the scheme
- move into the home within the required timeframe
- live there for the minimum residency period
- meet citizenship or permanent residency rules where required
Always check the exact scheme rules before signing a contract. The threshold alone is not enough.
Need the exact number?
Use our stamp duty calculator, then compare it with your deposit, borrowing power, and other buying costs.
Calculate Your Stamp Duty →Best next reads for first-home buyers
- LMI Explained in Australia
- The True Cost of Buying Your First Home
- Can I Afford This Property?
- Borrowing Capacity Calculator
The short version: if you are buying in NSW or Victoria, the first home buyer stamp duty thresholds matter a lot, and those are currently the cleanest search targets. If you are in Queensland or some of the smaller jurisdictions, check the exact concession path instead of assuming there is one simple statewide threshold.
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