Step by step (established home)
- Home concession duty on $750,000: $10,150 + $4.50 per $100 over $540,000 = $10,150 + $9,450 = $19,600.
- First home concession for $750,000–$759,999.99: $8,675 (from the QRO table).
- Duty payable: $19,600 − $8,675 = $10,925.
An investor would pay $26,775 on the same property (transfer duty rates), and a non-first-home owner-occupier $19,600.
The phase-out table
| Price | Transfer duty | Home concession | First home concession | First home buyer pays |
|---|---|---|---|---|
| $600,000 | $20,025 | $12,850 | $17,350 | $0 |
| $700,000 | $24,525 | $17,350 | $17,350 | $0 |
| $705,000 | $24,750 | $17,575 | $17,350 | $225 |
| $750,000 | $26,775 | $19,600 | $8,675 | $10,925 |
| $790,000 | $28,575 | $21,400 | $1,735 | $19,665 |
| $800,000 | $29,025 | $21,850 | $0 | $21,850 |
The concession falls by $1,735 for each $10,000 step above $700,000 (the full $17,350 applies below $710,000), and is gone at $800,000.
Buying new? It’s $0
Since 1 May 2025, first home buyers of a brand-new home (or vacant land to build one) pay no transfer duty at all, with no price cap. Tick “Brand-new home” in the calculator to see it.
New eligibility rule
From 1 August 2026, Queensland’s home, first home and vacant land concessions are limited to Australian citizens, permanent residents and specified foreign retirees. Temporary visa holders generally pay standard transfer duty. The First Home Owner Grant for new homes rose to $30,000 for contracts from 1 July 2026 (subject to legislation).
Conditions to keep
To keep the first home concession you must move in within one year of settlement and not rent out or dispose of the home before you occupy it. If the home is vacant land, you must build and move in within two years. The home concession and first home concession are claimed in the transfer duty forms lodged by your conveyancer.
Queensland charges duty on the dutiable value of the contract, including any chattels sold with the house. Separating the price of furniture or equipment doesn’t usually reduce duty, because QRO looks at what is really being bought. If your price sits just above a $10,000 band — for example $750,500 — negotiating a little lower can move you into a band with a bigger concession.
First home buyer thresholds 2026-27 (checked 5 November 2026)
| State | No duty up to | Concession up to |
|---|---|---|
| NSW | $800,000 | $1,000,000 |
| VIC | $600,000 | $750,000 |
| QLD (established) | $700,000 | $800,000 |
| QLD / SA (new home) | No cap | — |
| WA | $600,000 | $800,000 |
| ACT | No cap (from 1 July 2026) | — |
| TAS, NT | No general relief | — |
FAQ
How much stamp duty does a first home buyer pay on $750,000 in QLD?
$10,925 on an established home ($19,600 − $8,675 concession). A brand-new home pays $0.
What is the first home buyer threshold in Queensland?
Full relief up to $700,000 for an established home, phasing out by $800,000. No cap for new homes.
How much does an investor pay on $750,000 in QLD?
$26,775.
Sources (checked 5 November 2026): Revenue NSW transfer duty thresholds from 1 July 2026 (indexed; reported in KWM “2026-27 state and territory budgets”, June 2026) and FHBAS; SRO Victoria general and PPR rates and first home buyer exemption; Queensland Revenue Office transfer duty, home concession and first home concession tables (contracts from 9 June 2024; new homes from 1 May 2025); RevenueWA “First home owner rate of duty” fact sheet (7 May 2026) and general rates; RevenueSA rate of stamp duty; SRO Tasmania rates; ACT Taxation Administration (Amounts Payable—Duty) Determination 2026 (DI2026-155) and ACT Revenue Office Budget 2026-27 updates; Territory Revenue Office conveyance duty formula.