First Home Owner Discount increased from 1 September 2016
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September 01
First Home Owner Discount increased from 1 September 2016

For transactions entered into on or after 1 September 2016, the First Home Owner Discount (FHOD) increases from $10 000 to $23 928.60 for established homes valued at $650 000 or less. This equates to a full stamp duty concession on the initial $500 000 value of the home.

For established homes valued at more than $650 000, the $10 000 FHOD continues to be available until 31 December 2016.

Further information on the FHOD can be found under the First Home Owner Discount page on this website