First Home Buyers Grant

If you’re a first home buyer in NSW you may be eligible for the First Home Buyers Grant, which is $15,000 for new homes purchased under $650,000, and a relocation grant of $7,000 if you move from a major city to a regional area.

As a first home buyer, you also except from Stamp Duty on new homes valued up to $550,000 and vacant land up to $350,000, as well as concessions for new homes valued between $550,000—$650,000 and vacant land valued between $350,000—$450,000.