Stamp duty for first home buyers in Queensland

See the rates, exemptions, and how much you could save as a first home buyer.

First home buyer exemptions

New home

No stamp duty on new homes or vacant land for first home buyers — no price cap.

Existing home

No stamp duty on established homes up to $750K for first home buyers.

Vacant land

No stamp duty on vacant land for first home buyers — no price cap.

Standard stamp duty rates

These are the standard rates before any first home buyer concessions.

Property value Rate
$0 – $5,000 0.00%
$5,001 – $75,000 1.50%
$75,001 – $540,000 $1,050 + 3.50%
$540,001 – $1,000,000 $17,325 + 4.50%
$1,000,001 – and above $38,025 + 5.75%

Example calculations

Standard stamp duty at common price points (before FHB concessions).

Property price Stamp duty
$400,000 $12,425
$500,000 $15,925
$600,000 $20,025
$700,000 $24,525
$800,000 $29,025
$900,000 $33,525

Calculate your exact stamp duty

Your details

Answer 5 quick questions and we'll show you everything you qualify for.

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You could save up to

$181,425

in grants and stamp duty savings

Get your free report

Personalised PDF with your grants, borrowing power, and savings — free, no sign-up.

Want the full action plan with step-by-step guidance? $29 one-time — see below.

Grants and schemes you qualify for

EligibleHelp to Buy (Shared Equity)
$150,000

Government buys 30% of your home ($150,000). You only need a 2% deposit ($10,000).

EligibleFirst Home Super Saver Scheme (FHSS)
$8,750

Save up to $8,750 in tax by putting money into your super before withdrawing it for a deposit.

EligibleFirst Home Guarantee (5% Deposit Scheme)
$6,750

Buy with 5% deposit. You avoid ~$6,750 in Lenders Mortgage Insurance.

Choose one: You can't use both the 5% Deposit Scheme and Help to Buy. Compare them in your personalised action plan to see which saves you more.
2 schemes you don't qualify for
Not eligibleFamily Home Guarantee (Single Parents)

Requires at least 1 dependent child.

Not eligibleFirst Home Owner Grant (QLD)

Only for new properties.

Stamp duty

Standard stamp duty$15,925
As a first home buyer, you pay$0
You save$15,925

No stamp duty on established homes up to $750K for first home buyers.

What you'll pay upfront

These are the costs on top of your deposit.

Stamp duty (after savings)$0
Lenders Mortgage Insurance (LMI)$0
Conveyancer / solicitor$2,000
Building & pest inspection$650
Loan & registration fees$650
Total upfront costs$3,300

Your personalised action plan

1. Start salary sacrificing to your super under FHSS

You could save up to $8,750 in tax by making voluntary contributions to your super. Contact your employer or super fund to set up salary sacrifice. You can contribute up to $15,000 per year (max $50,000 total).

2. Choose between 5% Deposit Scheme and Help to Buy

You're eligible for both, but can only use one. The 5% Deposit Scheme lets you keep 100% ownership. Help to Buy means smaller repayments but the government owns 30%. Compare the what-if scenarios on the next page.

3. Get pre-approval from 2-3 lenders

Based on your income, you could borrow up to approximately $510,000. Get pre-approval from multiple lenders to compare rates and find the best deal.

6 personalised steps for your situation

How much you could borrow

Rough estimate based on income. Your actual amount depends on the lender.

Estimated max loan

$510,000

Monthly repayment (est.)$3,224/mo
If rates rise 2%$3,921/mo

Want your complete action plan?

Get a personalised PDF with everything you need to take the next step.

FeatureFree SnapshotFull Plan ($29)
Grants you qualify for
Borrowing power estimate
Detailed upfront costs breakdown
Step-by-step action plan
"What if" scenarios
Scheme comparison (which to pick)
Printable PDF for your broker

One-time purchase. Instant download. Not financial advice.

See also: First home buyer grants in Queensland