Stamp Duty Exemption QLD 2025

🏡 Stamp Duty Exemption for First Home Buyers in Queensland (2025 Update)

If you’re a first home buyer in Queensland, there’s a big opportunity to save thousands on your upfront costs thanks to the stamp duty concessions available in 2025.

Stamp duty (or “transfer duty” as it’s called in QLD) is a government tax you pay when buying property but if it’s your first home, you might pay nothing at all.

💰 Full Stamp Duty Exemption – Up to $500,000

If you’re buying your first home for $500,000 or less, you’ll pay no stamp duty under the First Home Concession.

That’s a saving of around $8,750, a huge help when you’re getting started.

⚖️ Partial Concessions – $500,001 to $550,000

If your property price falls between $500,001 and $550,000, you’ll receive a sliding discount.

The closer your property value is to $500k, the bigger your concession. Once you reach $550k, the benefit phases out.

🏗️ Land Concession

If you’re buying vacant land to build your first home:

• No stamp duty for land valued up to $250,000
   
• Partial concession between $250,001 and $400,000
   

That can save you thousands when building from scratch.

👤 Eligibility Criteria

To qualify for Queensland’s First Home Concession, you must:
✅ Be 18 years or older
✅ Be an Australian citizen or permanent resident
✅ Not have owned property before (in Australia or overseas)
✅ Use the property as your principal place of residence within 12 months
✅ Not be buying the property as an investment

You can’t claim the concession if you’ve owned property before, even as an investment.

📈 Example

If you buy a $480,000 home in Brisbane:

• Standard duty would be about $8,400
   
• With the First Home Concession, you’ll pay $0
  That’s an instant $8,400 saving.
   

📝 How to Apply

Your conveyancer or solicitor will help you apply when lodging documents with the Queensland Titles Office.

You can also check eligibility and apply online:

https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/transfer-duty/concessions/first-home

💡 Pro Tip: Stack It With Federal Schemes

Combine your stamp duty savings with:

• The 5% Deposit Scheme (no LMI)
   
• The First Home Owner Grant (for new builds)
   

This can cut tens of thousands off your upfront costs and help you buy sooner.

🏠 Need Help?

At Home Loan HQ, we make sure you’re not leaving any savings on the table.
We’ll map out your stamp duty exemption, deposit scheme eligibility, and grant options so you know exactly what you can afford.

📞 Chat with Lendcom and we’ll help you plan your first home the smart way.