Transfer duty (stamp duty) concessions and exemptions

When you buy, sell or transfer property in Queensland, you may be required to pay a form of tax called ‘transfer duty’ (previously known as ‘stamp duty’).

Depending on your circumstances, you may receive a transfer duty concession or not be required to pay transfer duty due to an exemption.

From 1 May 2025, first home buyers who purchase a new home or purchase vacant land to build their new home may be eligible for a full concession that reduces their duty to nil.

Concessions when buying a home or land

You may be eligible for a transfer duty concession when you buy a home or vacant land (on which you intend to build your first home).

You do not have to be an Australian citizen or permanent resident to claim a concession.

There are the different types of concessions for homes:

Home concession

If you’re eligible, you can claim a concession for transfer duty when buying a home—even if you’ve owned a home before.

This concession can save buyers up to $7,175.

You must move into the property within 1 year of settlement to keep your concession.

First home concession

If the first home you buy is an established home, you may be able to claim a concession for transfer duty. This concession can save buyers up to $24,525.

It applies only to homes valued under $800,000. (If your home is valued over that amount, you may still be eligible for the ‘home concession’—see above.)

If your home is valued at $700,000 or less, you’ll receive a full concession and pay no duty.

First home (new home) concession

If the first home you buy is a new build and your contract was signed on 1 May 2025 or later, you may be able to claim a full concession, reducing your transfer duty to nil.

This is regardless of the home’s value.

First home vacant land concession

If you’re buying vacant land on which to build your first home, you may be eligible for a full concession, potentially reducing your transfer duty to nil.

This is regardless of the home’s value.

Differences between first home concessions and first home owner grant

The first home concessions mentioned above are different to the first home owner grant.

The grant gives eligible first-time home buyers $15,000 or $30,000 towards buying or building a new home (valued at less than $750,000) in Queensland.

Check your eligibility for a concession

Find out whether you’re eligible for a transfer duty concession

Estimate your transfer duty

Find out how much transfer duty you may need to pay

Exemptions for home or property owners

An exemption means you’re not required to pay transfer duty. This is regardless of the value of the property.

You may be able to claim an exemption on transactions involving a:

transfer of a share of ownership in your home to your spouse
change of tenure between joint tenants and tenants in common
manufactured (mobile) home.

Different exemptions are available for:

transfers of property between divorcing couples
land tax for your home.

You do not have to be an Australian citizen or permanent resident to claim a transfer duty exemption.

Last updated:: 1 May 2025

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