15/06/2026
Statewide Changes in Stamp Duty from 01/07/26
When you buy a property in Australia, most states and territories charge a tax on the transaction. It's called stamp duty – or transfer duty – and it can be a substantial cost on top of your deposit and other upfront expenses.
Recent state budgets have produced three notably different approaches to how this tax applies to first home buyers.
From 1 July, the ACT will abolish it entirely for first home buyers, with no restrictions on property value or income. It's a national first. The same exemption will apply to pensioners, eligible NDIS recipients and buyers who haven't owned property in the past five years.
Tasmania, however, is simultaneously removing its existing first home buyer exemption, returning all buyers to standard rates from 1 July.
Western Australia, meanwhile, is expanding its concessions, lifting the full exemption threshold for established homes to $600,000 and offering a 75% stamp duty rebate for eligible off-the-plan purchases.
For Inquiries Contact: Ozair Turabi📲 +61 410 321 786
