Queensland says goodbye to stamp duty for first home buyers

30 May 2025

Home sweet home just got sweeter for first home buyers in Queensland, with the state Government announcing stamp duty has now been abolished for eligible first home buyers purchasing or building a new home in Queensland, effective 1 May 2025.

The significant move will deliver an estimated average savings of $9,906 on a house and land package at the median price, meaning there’s never been a better time to turn your home owning dream into reality at one of our AVID Queensland communities.

Here’s everything you need to know to take advantage of stamp duty savings on your forever home:

Eligibility Criteria

Before you claim the Queensland Government-backed first new home concession, you will need to satisfy the criteria. All individuals hoping to eliminate stamp duty must:

• be at least 18 years of age
• legally acquire the property as an individual
• have never claimed the first home vacant land concession
• have never held interest in another residence
• move into the home with your personal belongings and live there daily within one year of settlement
• pay market value if the residence is valued between $700,001 and $799,999
• provide a vendor statement as evidence that the home is a new home or substantially renovated home, and
• meet certain requirements after you claim the concession (you can read more about those here)

Savings that make a difference

With the stamp duty concession in place, home buyers could save a considerable amount. 

While the estimated average savings is around $10,000, there is no cap on the purchase price (value) of the new home for first home buyers, meaning your savings could be tens of thousands of dollars more depending on the value of the property and the location.

At our AVID communities in Queensland, there are plenty of residential options to suit your family and your budget, giving you the freedom to save, spend or invest the extra cash where it matters most – your future.

Pair Savings with Peace of Mind

This exciting Government initiative provides Queenslanders with a much-needed cash boost that eases the financial burden of stepping on the home ownership ladder. AVID is ready to help you take advantage of these savings with simplicity and security built into every step.

Take advantage of our fully customisable offering by choosing your dream block of land from our bespoke community masterplan and choose your home from one of our builder partners. Our pre-matched house and land packages are designed to provide options that suit your budget and your lifestyle, making home ownership with AVID as seamless as it gets. 

Add flexible buying options and remove stamp duty – your first home ownership dream is one significant step closer to becoming a reality.

You’re in good company

Experience an immediate sense of belonging at one of our AVID communities designed with first home buyers in mind. 

From family-friendly parks to modern amenities and transport links, our communities offer more than just a home, they offer you a lifestyle.

Explore our AVID communities:

Covella – community-centred residences surrounded by beautiful natural greenspace

Harmony – a welcoming and inclusive neighbourhood that celebrates Sunshine Coast lifestyle

Ready to buy your first home? Contact our friendly sales team to learn more about Covella and Harmony today.

Call 1800 987 257 or visit https://avid.com.au/communities