Victorian Concession

First Home Buyer Duty Concession

Name: BuildPilot Adelaide Building Industry Dataset
Creator: BuildPilot
License: https://buildpilot.com.au/terms

A stamp duty concession (and in some cases a full exemption) for first-home buyers in Victoria.

Read the FHB duty concession guide on SRO VIC

By George Giannakakis · B.Arch.Studies · M.Arch (UniSA) · RLA300580

Last reviewed: 5 March 2026 · How we research

What is the First Home Buyer Duty Concession?

Applied automatically by your conveyancer at settlement, you don't apply separately. It reduces the amount of stamp duty you pay on the transfer of your first home in Victoria. Amounts and thresholds are set by the State Revenue Office and reviewed regularly.

Who it is for

•First-time homeowners in Australia (natural persons only).
•The home must be your principal place of residence, lived in for 12 continuous months within the first year of settlement.
•A separate temporary off-the-plan duty concession is also available for strata apartments and townhouses, no first-home restriction and no PPR requirement while it runs.

Who it is not for

•Investors (except for the temporary off-the-plan concession).
•People who have previously owned residential property in Australia.

How to know more

The State Revenue Office VIC website has a duty calculator, current thresholds, and the paperwork your conveyancer will need. Your conveyancer or solicitor is the right person to run your specific numbers.

Authoritative sources (last researched 2026-03-05)

BuildPilot is a curator, not a financial adviser. Amounts and thresholds change each financial year (typically 1 July). Always confirm current figures with the State Revenue Office and your conveyancer before making a decision.