NSW First Home Buyer Assistance Scheme

NSW first home buyer stamp duty exemption or concession scheme up to defined value thresholds.

The NSW First Home Buyer Assistance Scheme provides a full exemption from transfer duty (stamp duty) on homes up to $800,000 and a tapered concession on homes between $800,000 and $1,000,000 as at May 2026. Vacant land thresholds are lower. This replaced the old First Home Buyer Choice "annual property tax" option that was scrapped in mid-2024.