A first home buyer's state-by-state guide to grants and stamp duty concessions
Queensland, South Australia and Tasmania have in the past week made changes to their stamp duty and first home buyers grant offerings, so API Magazine has provided a clear guide as to what's available in your state or territory.
First home buyers should capitalise on whatever grants and concessions they can access. (Image source: Shutterstock.com)
Buying that first home is stressful enough as a life-changing commitment, so the added confusion around what the different states and territories offer by way of grants and stamp duty concessions only adds to the worries.
Queensland on Sunday (10 June) increased its stamp (transfer) duty threshold by $200,000 for first home buyers to $700,000. The concession then phases out up to values of $800,000.
The Steven Miles Labor Government estimated t…
