Apply for the First Home Buyers Assistance scheme

Introduction

First home buyers may be eligible for exemptions or concessions on transfer duty under the First Home Buyers Assistance scheme.

For homes or vacant land bought from 1 July 2023, you can apply for a full exemption if:

• the value of the new or existing home was $800,000 or less, or
• the value of the block of land was $350,000 or less.

You can apply for a concession if:

• the value of the new or existing home was above $800,000 and less than $1,000,000, or
• the value of your block of land was above $350,000 and less than $450,000.

For homes or vacant land bought before 1 July 2023, refer to First Home Buyer Assistance scheme thresholds.

Eligibility

• you must be an individual (not a company or trust), at least 18 years old
• you, or at least one person you’re buying with, must be an Australian citizen or permanent resident
• you or your spouse must not have previously:
  • owned or co-owned property in Australia
  • received an exemption or concession under this scheme.

You must have already exchanged contracts to purchase your first home or vacant land.

What you need

• the PDF form – 'First Home Buyers Assistance Scheme Application'
• the Purchaser/Transferee Declaration (individual) – PDF
• your proof of identity
• the agreement for sale or transfer
• supporting documents (as applicable).

How to apply

1. Select the ‘Download PDF form’ button.
2. Complete the application form.
3. Download and complete Purchaser/Transferee Declaration (individual) – PDF.
4. Lodge the completed forms and supporting documents with your solicitor or conveyancer.

More information

• Penalties apply for false or misleading information.
• You’ll need to occupy the home as your principal place of residence for 12 months continuously, within 12 months of the agreement.
• Permanent members of the Australian Defence Force may be exempt from the 12 month residence requirement.