Stamp duty exemption for first-time home buyers in Queensland in 2025

Exemption from registration tax for first-time home buyers in Queensland (even foreigners) when purchasing a new or renovated home that meets prescribed standards. This policy is applicable from May 1, 2025.

Stamp duty exemption policy for first-time home buyers in Queensland

From May 1, 2025, the Queensland state government will officially apply a registration tax exemption policy for first-time home buyers in Australia. This policy applies when you buy a completely new home or have it been renovated according to regulations. This incentive will help buyers save thousands of dollars in stamp duty, opening up opportunities to own an Australian home amid current housing stress. 

Basic conditions for stamp duty exemption for first-time home buyers in Queensland

• The home purchase contract must be signed from May 1, 2025 onwards (does not apply to previous contracts).
• The property must be a new home without a previous owner or a renovated home that meets standards under the goods and services tax law (GST Act 1999).
• The buyer must ensure:
  • From 18 years old or older, legally buy property as an individual.
  • Have not owned a home in Australia or overseas and have not benefited from any concessions or exemptions.
  • Move in within 1 year from the date of completing the transaction.
  • Payment at market price.
    

Important notes of the policy Stamp duty exemption for first-time home buyers in Queensland

• No limit on real estate value. However, the incentive only applies to land for residential use. If you have agricultural or commercial land, it needs to be valued to calculate the corresponding tax rate.
  
• No need to be an Australian citizen or permanent resident, but foreigners may be subject to foreign buyer tax. 
• In case the buyer is under 18 years old or is a co-owner, they must apply for separate approval and declaration to ensure transparency.
• It is possible to apply for the First Home Owner Grant (first-time home purchase grant) and registration tax incentives at the same time but must meet the specific conditions of each program.

Some good affordable housing projects in Queensland state: Here

Conclusion

The registration tax exemption policy for first-time home buyers in Queensland opens up new opportunities for the housing market in Australia in general and the state of Queensland in particular. If you are interested in the Australian real estate market, please carefully refer to the information on the government website or contact the My Australian Property team for advice!