Dreaming of your first home in Brisbane? We’ve got some seriously exciting news to share that could save you thousands of dollars! The Queensland Government has made some significant changes to stamp duty for first home buyers, making it easier than ever to get your foot on the property ladder.
The change applies only to new homes, so if you are buying a brand-new home or building your first home from scratch, you may be exempt from stamp duty altogether.
The first home concession still applies for established homes up to $700,00 in metro areas and $550,000 in regional areas of Queensland.
Contact us now to discuss how this could save you thousands of dollars. (07) 3889 9250
| Region | Median Property Price (Jan 2025) | Estimated Stamp Duty Cost (Without Concession) |
| Brisbane | $893,592 | $26,062 |
| Gold Coast | $1,029,897 | $32,569 |
| Sunshine Coast | $1,052,123 | $33,851 |
| Ipswich | $724,215 | $18,443 |
Contact Brisbane Home Loans to explore your options!
Disclaimer: Data from CoreLogic (31 January 2025). Stamp duty rules and eligibility must always be verified with Queensland Revenue Office available on 1300 300 734 or find them here: https://qro.qld.gov.au/duties/transfer-duty/concessions/homes/first-home/
