First Home Buyers Grant NSW and Stamp Duty NSW

First home buyers grant NSW

The NSW Government offers grants to first home buyers, second home and off-the-plan buyers.

These grants can change at any time.

Take the time to understand your costs before making an offer on your next home.

For reliability purposes, we have a direct link to all the information relating to the current government grants.

It includes the first home buyers grant NSW.

What is the first home buyers grant NSW eligibility?

Learn more here.

How to claim the first home buyers grant

Should you be lucky enough to be eligible for a stamp duty exemption, we suggest you meniton this to your conveyancer or solicitor.  They will need to know as they will be the ones who will organise all the paperwork.

They will email or post to you the documents you will need to sign and return it to them so they may put your claim into Revenue NSW.

Do I need to pay stamp duty?

If you do not qualify for a full NSW property buyers grant, you’ll have to budget for stamp duty.

You can easily calculate the amount using the NSW Office of State Revenue calculator.

When do i need to pay stamp duty?

Stamp duty will be calculated by your solicitor or conveyancer.  The final decision on grants and amounts payable ultimately comes down to the Office of State Revenue.

Stamp Duty is paid at settlement or within 3 months of exchange, whichever is sooner.  Therefore, if you buy a property “off the plan” and it doesn’t register for 12 months, Revenue NSW will require payment within 3 months.

As the buyer, you must make sure they have enough funds available for the conveyancer or solicitor to pay the stamp duty.  All this will all be discussed with you before settlement.

If you are borrowing money from a bank or through a lender, please check with them there is enough money available for stamp duty.

More Conveyancing Resources

Joy Funakii
Joy Funakii
Client
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Highly recommend Justin for those first home buyers who are new to the whole buying process. I will most definitely be using them for the future and recommending them to others.
Kim Bevan
Kim Bevan
Client
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Amanda and Justin are fantastic to deal with. We were overseas when our house sold and we didn’t have to worry about a thing. Everything was taken care of for us. A completely hassle free sale. We’ve sold two houses with them now and would happily go back to them anytime and highly recommend them to everyone.
Adam McCann
Adam McCann
Client
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Outstanding service. Went above and beyond for us. We would not have the house we have without the help of RM Legal & Conveyancing. 100% recommended!
Rebecca Smith
Rebecca Smith
Client
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Thank you Julie & Amanda for helping us with the sale of our property. You made it really easy. Loved the conveyancing app too. We'll definitely recommend you to our friends and family.
Annmaree Peden
Annmaree Peden
Client
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RM Legal has done some work for me recently, I had 3 properties at once, they were absolutely amazing, nothing was a problem, easy to talk to, they deal with everything, I would have no hesitation in recommending this company.
Brooke Lea
Brooke Lea
Client
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If anyone is looking for an amazing conveyancer Julie from RM Legal and Conveyancing was sensational. She was efficient, professional, patient, supportive, always kept us updated and informed and was super friendly and helpful and at a reasonable cost too. Highly recommend!
Jessica Corley
Jessica Corley
Client
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My partner and I recently purchased our very first home and would just like to extend our appreciation to everyone at RM Legal and Conveyancing on the outstanding job they did for us.
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