First Home Buyer Stamp Duty QLD: What You Will Pay in 2026

Stamp Duty for First Home Buyers in QLD: What You Will Pay

For most buyers, the first home buyer stamp duty QLD charges in 2026 is $0. Queensland has removed transfer duty entirely for first home buyers on new homes, and for established homes under $700,000, saving many buyers more than $20,000.

Quick Summary

In 2026, most QLD first home buyers pay $0 stamp duty - new homes are fully exempt and established homes under $700,000 get a full concession.

The amount you pay depends on whether the home is new or established, its price, and a new rule starting 1 August 2026. This guide explains exactly what you will pay and how to claim your concession.

A Loan For You helps Brisbane first home buyers confirm their stamp duty position and coordinate the claim with your conveyancer and lender - at no cost to you. Book a free first home buyer assessment.

Key Highlights

First home buyers pay $0 stamp duty on a new home or vacant land in Queensland, with no price cap, since 1 May 2025.
On established homes, a full concession applies under $700,000, with a partial concession from $700,000 to $800,000.
Above $800,000, the first home concession no longer applies, though the general home concession still can.
The maximum first home concession saving is about $24,525 compared with a standard buyer.
From 1 August 2026, you must be an Australian citizen, permanent resident or specified foreign retiree to claim the concession.
Investors and buyers who have owned a home before pay standard transfer duty rates.
You claim the concession through your conveyancer using Form D2.1, and pay any duty within 30 days of settlement.

Quick Summary

In 2026, the first home buyer stamp duty QLD applies is $0 on new homes at any price, and $0 on established homes under $700,000. A partial concession runs to $800,000, and standard rates apply above that.

Stamp duty used to be the biggest upfront cost for first home buyers. In Queensland today, most of my first home buyer clients pay nothing at all, which changes what they can afford.
Philip Jenkins, A Loan For You

First Home Buyer Stamp Duty QLD at a Glance

Purchase price	Standard buyer	First home buyer (new)	First home buyer (established)
$500,000	$15,925	$0	$0
$650,000	$22,275	$0	$0
$700,000	$24,525	$0	$0
$800,000	$29,025	$0	Partial only

How First Home Buyer Stamp Duty QLD Works

Stamp duty is officially called transfer duty in Queensland. It is a state tax the buyer pays when property ownership changes, lodged with the Queensland Revenue Office.

First home buyers get generous concessions that often reduce this to nil. What you pay depends mainly on whether the home is new or established, and its price.

Because the concessions changed in 2025, older online calculators can be out of date. Always check figures against the current Queensland Revenue Office rules or with your broker before you budget.

New home or vacant land: full exemption, so you pay $0 with no price cap.
Established home under $700,000: full first home concession, again $0.
Established home $700,000 to $800,000: a partial, tapered concession.

First Home Buyer Stamp Duty QLD on New Homes

Since 1 May 2025, eligible first home buyers pay no transfer duty on a new home or on vacant land they will build on. This stamp duty exemption new home QLD offers has no price cap.

New builds, off-the-plan units and house-and-land packages all qualify.
Vacant land you buy to build your first home on is also exempt.
Whether the new home is $500,000 or $900,000, the transfer duty is nil.

See exactly what you would pay at any price with our stamp duty calculator before you sign a contract.

First Home Buyer Stamp Duty QLD on Established Homes

Buying an established home still comes with a strong stamp duty concession QLD first home buyers can use, though it phases out at higher prices.

Under $700,000: a full first home concession, so you pay $0.
Between $700,000 and $800,000: a partial concession on a sliding scale.
$800,000 and above: the first home concession no longer applies.

The maximum first home stamp duty Brisbane buyers save on an established home is about $24,525 compared with a standard buyer.

The 1 August 2026 Change You Should Know

A new eligibility rule starts on 1 August 2026. For contracts entered into from that date, you must be an Australian citizen, permanent resident or specified foreign retiree to claim the first home or home concession.

If you are buying around this date, the contract date decides which rules apply. It is worth confirming your status and timing with your conveyancer early.

For most Australian citizens and permanent residents buying to live in, nothing changes. The rule mainly affects some temporary visa holders who could previously claim a concession.

First Home Concession vs Home Concession

Queensland has two main concessions. Knowing the difference helps if you are over the first home threshold or have owned before.

First home concession: for genuine first home buyers, up to $800,000, saving up to $24,525.
Home concession: for any owner-occupier, including past owners, saving up to $7,175.
The home concession can still help on a home valued over $800,000.

What Investors and Second Home Buyers Pay

Concessions are for people buying a home to live in. Investors and buyers purchasing a rental pay the full standard transfer duty rates, with no first home concession.

If you have owned a home you lived in before, you cannot claim the first home concession, but the general home concession may still reduce your duty.

First Home Buyer Stamp Duty QLD: How to Claim

You do not claim the concession yourself at a counter. It is handled as part of settlement, usually by your solicitor or conveyancer.

Your conveyancer lodges Form D2.1 with your contract to claim the concession.
Any duty payable is due within 30 days of the transfer, normally settlement.
You must move into the home within 12 months and live there to keep the concession.

A transfer duty first home buyer claim is routine for a good conveyancer, but confirm it is being applied so you are not overcharged. Getting this wrong can mean paying duty you did not owe, then waiting for a refund.

Stamp Duty and Your Other First Home Costs

Stamp duty is only one piece of the puzzle. Pairing a duty saving with the right grant and deposit plan is where first home buyers really get ahead.

The <a href="/first-home-buyer-grants-qld/">first home buyer grants</a> can add a $30,000 cash boost on a new home.
A low <a href="/first-home-buyer-deposit-brisbane/">first home deposit</a> of 5% can get you in sooner, with no LMI.
Zero duty on a new home frees up cash for legal fees and moving costs.

Combined, these savings can be worth well over $60,000 to a Brisbane first home buyer purchasing a new build this year.

Common Stamp Duty Mistakes

A few errors can cost first home buyers thousands or their concession entirely.

Assuming an established home over $800,000 still gets the first home concession.
Buying with someone who has owned before, which can reduce the concession.
Renting the home out first instead of moving in within 12 months.
Overlooking the 1 August 2026 citizenship and residency requirement.

Frequently Asked Questions

How much is stamp duty for first home buyers in QLD?

For most, the first home buyer stamp duty QLD applies is $0. New homes and vacant land are fully exempt at any price, and established homes under $700,000 attract a full concession. A partial concession runs from $700,000 to $800,000.

Do first home buyers pay stamp duty on a new home in Queensland?

No. Since 1 May 2025, eligible first home buyers pay no transfer duty on a new home or on vacant land they will build on, with no price cap. This is one of the biggest savings available to first home buyers, and it sits on top of the $30,000 grant for new homes.

What is the stamp duty concession for established homes in QLD?

First home buyers pay $0 on an established home under $700,000. Between $700,000 and $800,000 a partial, tapered concession applies, and above $800,000 the first home concession no longer applies. The maximum saving is about $24,525 compared with a standard buyer paying full duty.

What changes on 1 August 2026 for stamp duty?

From 1 August 2026, you must be an Australian citizen, permanent resident or specified foreign retiree to claim the first home or home concession. The contract date decides whether the new rule applies to your purchase.

Do I have to pay stamp duty if I buy an investment property?

Yes. Concessions only apply to homes you will live in. Investors and buyers purchasing a rental pay the full standard transfer duty rates in Queensland, with no first home concession available.

How do I claim the first home stamp duty concession?

Your solicitor or conveyancer lodges Form D2.1 with your contract as part of settlement. Any duty is due within 30 days of transfer. Confirm the concession is being applied so you are not overcharged.

Can I get the concession if I have owned a home before?

Not the first home concession, which is reserved for genuine first home buyers. However, the general home concession is available to owner-occupiers who have owned before, saving up to $7,175, and it can apply even on homes valued over $800,000 where the first home concession does not.

Does stamp duty count as part of my deposit?

No. Stamp duty is a separate upfront cost, though for most first home buyers in Queensland it is now $0. That frees up more of your cash for the deposit and other buying costs, such as legal fees, inspections and moving expenses at settlement.

Talk to a Brisbane First Home Buyer Specialist

Getting your first home buyer stamp duty QLD position right can save you tens of thousands and avoid a nasty surprise at settlement. A Loan For You confirms your concessions and coordinates the claim.

Free, no-obligation assessment of your grants, duty and deposit.
Access to 50+ lenders, plus guidance on stacking every concession.
Local Brisbane brokers serving Chermside, Redcliffe, North Lakes and beyond.

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Reviewed and Verified

This guide was reviewed by Philip Jenkins, principal broker at A Loan For You (Credit Representative 365865). With almost 20 years guiding Brisbane first home buyers through stamp duty and settlement, Philip keeps every figure aligned with current Queensland rules.

General information only, correct as at July 2026. Transfer duty rules and thresholds change - confirm current figures with your conveyancer and the Queensland Revenue Office, and check grants with the Queensland Government before you act.