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Home Loan Advice Centre guides you through the entire home buying journey, without charging you for our service. Click here for our 5 minute online enquiry page . We’ll assess your loan options and send you a full report of your capacity.

The amount you can borrow is affected by your income, your deposit, and bank’s serviceabilty criteria which is linked to interest rates, cost of living, and your existing liabilities etc. See our Borrowing Power calculator for a rough estimate.

See our first home owners grant page and our stamp duty calculator to work out benefits and costs for first home buyers.

Home Loan Advice Centre helps borrowers Australia-wide. We specialise in Sydney and NSW and regularly help clients in remote areas and other states. Feel free to contact us on 02-9210-1000 or 1300-729-177 to see how we can help you.

Home Loan Advice Centre makes the task of buying a property simple and easy by doing the hard work for you. See the application process page to see the steps involved.

Tables indicating the first home owners grant and stamp duty exemption rules for different property types in each state in Australia

First Home Owners Grant

v1707

State Brand New Property Established Property
Nsw

Jul 2017 ->
$10,000 first home owners grant to build properties up to $750,000 cost price
$10,000 first home owners grant to buy properties up to $600,000 cost price

 Sep 2012 ->
Nil
Vic Jul 2017 ->
$10,000 first home owners grant for properties up to $750,000 cost price (Metro Melbourne)
$20,000 first home owners grant for properties up to $750,000 cost price (Regional areas)
 Jul 2013 ->
Nil
Qld Oct 2012 ->
$15000 first home owners grant for properties up to $750,000 cost priceJul 2016 -> Dec 2017 * bonus level
$20,000 first home owners grant for properties up to $750,000 cost price		 Oct 2012 ->
Nil
Sa

Oct 2012 ->
$15000 first home owners grant

Jul 2014 ->
Nil
Wa Jan 2017 -> Dec 2017
$15,000 first home owners grant for properties up to $750,000 cost price		 Jan 2017 ->
Nil
Tas Jul 2016 –> Jun 2017
$20,000 first home owners grant *1 year bonus

Jul 2017 ->
$10,000 first home owners grant		 July 2014 –>
Nil
Act Jan 2017 ->
$7000 first home owners grant.		 Jan 2017 ->
Nil
Nt May 2014–>
$26,000 first home owners grant without any cost price limit
 Dec 2012 –>
For properties up to $600,000 cost price – $12,000 first home owner grant if in an urban area otherwise $25,000Jan 2015 ->
Nil

* accuracy not guaranteed. states regularly update policy. please confirm with us on 02-9210-1000 and with state revenue office

Transfer Stamp Duty Concessions

State Brand New Property Established Property
Nsw Jul 2017 ->

First Home Buyers

Dwellings
$0 – $650,000:  No cost (100% exemption)
Sliding scale between $650,000-$800,000
$800,000 = $31,490

Land
$0 – $350,000 = No cost (100% exemption)
Sliding scale between $350,000-$450,000
$450,000 = $15,750

Jul 2017 ->
Same as for brand new home
Vic Jul 2017 ->
First Home Buyers 
No stamp duty for properties up to $600,000. Sliding scale between $600,000 and $750,000		 Jul 2017 ->
First Home Buyers 
No stamp duty for properties up to $600,000. Sliding scale between $600,000 and $750,000
Qld Jul 2012 –>
First Home Buyers Dwellings
$0-to $500,000 – No cost (100% exemption)
Sliding scale between $500,000-$550,000Vacant land
$0-$250,000 – No cost (100% exemption)Non First Home Buyers 
Discounted duty applies for non first home buyer owner occupied purchases ie 1% cost up to $350,000 cost price. Land purchases are not stamp duty exempt however (even if for owner occupied purposes)
Investment purchases – No discount on stamp duty		 Same as for brand new properties
Sa May 2012 –> Jun 2017
If you are purchasing a new or substantially refurbished apartment you may be eligible for an OTP stamp duty concession of up to $21,330 (capped at stamp duty payable on a $500 000 apartment)For contracts entered into between 20 June 2016 and 30 June 2017 (inclusive), the concession applies to purchases of off-the-plan apartments located anywhere in South Australia. (previously it was only in certain suburbs)

Full stamp duty payable (No exemption for first home buyers and non first home buyers alike)
Wa Jul 2014 ->
First Home BuyersDwellings
Up to $430,000: (100% exemption)
Sliding scale between $430,000-$530,000Vacant Land
Up to $300,000 = (100% exemption)
Sliding scale between $300,000-$400,000		 Jul 2014 ->
First Home BuyersDwellings
Up to $430,000: (100% exemption)
Sliding scale between $430,000-$530,000Vacant Land
Up to $300,000 = (100% exemption)
Sliding scale between $300,000-$400,000
Tas No discounts on stamp duty No discounts on stamp duty
Act Jun 2017 onwards

Dutiable value Concessional duty payable
$470,000 or less $20 (minimum duty)
more than $470,000 but less than $607,000 $13.05 for each $100 or part thereof by which the dutiable value exceeds $470,000 ($20 minimum duty).
$607,000 or more No concession

Eligible vacant block (land with no dwelling)

Dutiable value Concessional duty payable
$281,200 or less $20 (minimum duty)
more than $281,200 but less than $329,500 $13.05 for each $100 or part thereof by which the dutiable value exceeds $281,200 ($20 minimum duty).
$329,500 or more No concession
Sept 2012 –

No discount on stamp duty

Eligible first home buyers can apply for a deferral of stamp duty, where stamp duty doesn’t have to be paid at settlement, but can be paid back over the course of 10 years. Standard interest will apply at a market rate. This is available for existing and new properties
Nt

Dec 2012 –>
up to $7000 off the duty payable for owner occupiers (not available for applicants of first home owners grant)

May 2016 -> Jun 2017
No duty up to $500,000
$500,000 – $600,000 = $23,928.60 duty payable.

* accuracy not guaranteed. states regularly update policy. please confirm with us on 02-9210-1000 and with state revenue office

State Formulas For Standard Stamp Duty Calculation

State Brand New Property
Nsw Dutiable value of the dutiable property subject to the dutiable transactionRate of duty

$0 – $14,000

$1.25 for every $100 or part of the dutiable value

$14,001 – $30,000

$175 plus $1.50 for every $100 or part , by which the dutiable value exceeds $14,000

$30,001 – $80,000

$415 plus $1.75 for every $100 or part, by which the dutiable value exceeds $30,000

$80,001 – $300,000

$1,290 plus $3.50 for every $100 or part, by which the dutiable value exceeds $80,000

$300,001 – $1m

$8,990 plus $4.50 for every $100 or part, by which the dutiable value exceeds $300,000

over $1m

$40,490 plus $5.50 for every $100 or part, by which the dutiable value exceeds $1,000,000

over $3m

$150,490 plus $7.00 for every $100 or part, by which the dutiable value of the residential property exceeds $3,000,000.
Vic
$0 – $25,000 1.4 per cent of the dutiable value of the property
> $25,000 – $130,000 $350 plus 2.4 per cent of the dutiable value in excess of $25,000
>$130,000 – $960,000 $2,870 plus 6 per cent of the dutiable value in excess of $130,000
> $960,000 5.5 per cent of the dutiable value
Qld
Up to $5,000  Nil
$5,000 to $75,000 $1.50 for each $100, or part of $100, by which the dutiable value is more than $5,000
$75,000 to $540,000 $1,050 plus $3.50 for each $100, or part of $100, by which the dutiable value is more than $75,000
$540,000 to $1,000,000 $17,325 plus $4.50 for each $100, or part of $100, by which the dutiable value is more than $540,000
More than $1,000,000 $38,025 plus $5.75 for each $100, or part of $100, by which the dutiable value is more than $1,000,000
Sa
< $12,000 $1.00 for every $100 or part of $100
$12,000 – $30,000 $120 plus $2.00 for every $100 or part of $100 over $12,000
$30,000 – $50,000 $480 plus $3.00 for every $100 or part of $100 over $30,000
$50,000 – $100,000 $1,080 plus $3.50 for every $100 or part of $100 over $50,000
$100,000 – $200,000 $2,830 plus $4.00 for every $100 or part of $100 over $100,000
$200,000 – $250,000 $6,830 plus $4.25 for every $100 or part of $100 over $200,000
$250,000 – $300,000 $8,955 plus $4.75 for every $100 or part of $100 over $250,000
$300,000 – $500,000 $11,330 plus $5.00 for every $100 or part of $100 over $300,000
$500,000 $21,330 plus $5.50 for every $100 or part of $100 over $500,000
Wa

General rate

$0 – $  80,000 $1.90 Per $100 or part thereof
$  80,001 – $100,000 $  1,520 + $2.85 Per $100 or part thereof above $  80,000
$100,001 – $250,000 $  2,090 + $3.80 Per $100 or part thereof above $100,000
$250,001 – $500,000 $  7,790 + $4.75 Per $100 or part thereof above $250,000
$500,001 and upwards $19,665 + $5.15 Per $100 or part thereof above $500,000

Residential rate

$0 – $120,000 $1.90 Per $100 or part thereof
$120,001 – $150,000 $  2,280 + $2.85 Per $100 or part thereof above $120,000
$150,001 – $360,000 $  3,135 + $3.80 Per $100 or part thereof above $150,000
$360,001 – $725,000 $11,115 + $4.75 Per $100 or part thereof above $360,000
$725,001 and upwards $28,453 + $5.15 Per $100 or part thereof above $725,000
Tas
$0 – 1 300 $20
$1 300 – 25 000 $20 plus $1.75 for every $100, or part, by which the dutiable value exceeds $1,300
$25 000 – 75 000 $435 plus $2.25 for every $100, or part, by which the dutiable value exceeds $25,000
$75 000 – 200 000 $1,560 plus $3.50 for every $100, or part, by which the dutiable value exceeds $75,000
$200 000 – 375 000 $5,935 plus $4.00 for every $100, or part, by which the dutiable value exceeds $200,000
$375 000 – 725 000 $12,935 plus $4.25 for every $100, or part, by which the dutiable value exceeds $375,000
Over $725 000 $27,810 plus $4.50 for every $100, or part, by which the dutiable value exceeds $725 000
Act
up to $200,000 $20 or $2.20 per $100 or part thereof, whichever is greater
$200,001 to $300,000 $4,400 plus $3.70 per $100 or part thereof by which the value exceeds $200,000
$300,001 to $500,000 $8,100 plus $4.50 per $100 or part thereof by which the value exceeds $300,000
$500,001 to $750,000 $17,100 plus $5.00 per $100 or part thereof by which the value exceeds $500,000
$750,001 to $1,000,000 $29,600 plus $6.50 per $100 or part thereof by which the value exceeds $750,000
$1,000,001 to $1,650,000 $45,850 plus $7.00 per $100 or part thereof by which the value exceeds $1,000,000
$1,650,001 and over A flat rate of $5.50 per $100 applied to the total transaction value
Nt Various – see state revenue office website
An escalating rate of duty applies up to $525 000 of the dutiable value of the property (ie. the greater of the consideration paid or the unencumbered value of the property). Where the dutiable amount exceeds $525 000 but is less than $3 million, the duty is 4.95 per cent of the dutiable amount. When the dutiable value is $3 million or more, duty is calculated at 5.45 per cent of the dutiable value. View the calculator for an estimate of the duty payable.

* accuracy not guaranteed. states regularly update policy. please confirm with us on 02-9210-1000 and with state revenue office

For further information please call Home Loan Advice Centre on 02-9210-1000

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