Category Conveyancing

QLD Stamp Duty Changes: Big Savings for First Home Buyers from May 2025

Are you a first home buyer in Queensland? You could be eligible for thousands in stamp duty exemptions under both existing and new rules, including the ability to rent out part of your home without losing your concession.
Let’s break it down.

Read more: QLD Stamp Duty Changes: Big Savings for First Home Buyers from May 2025

What is Stamp Duty?

Stamp duty (also known as transfer duty) is a government tax you pay when purchasing property in Queensland. It is calculated based on the value of the property and can significantly increase your upfront costs—especially for first home buyers.

What Concessions Are Available?
🏠 1. First Home Concession (for existing homes)

  • Applies to established (non-new) homes
  • Full exemption if purchase price is $700,000 or less
  • Partial exemption if priced between $700,001 and $800,000
  • No exemption if over $800,000

🏗️ 2. First Home (New Home) & Vacant Land Concession (For contracts signed from 1 May 2025)

Applies to:

  • Newly built homes
  • Substantially renovated homes
  • Vacant residential land (if you intend to build and live there)

Key features:

  • Full exemption, no price cap
  • You must pay market value (no gifts or discounts)
  • Vacant land buyers must build and move in within 2 years and stay for at least 1 year

🛏️ 3. Rent-a-Room Concession (Effective 6 December 2024)

First home buyers who claim a transfer duty concession can now rent out part of their home (like a bedroom) without losing the concession, if:

  • You move in before leasing part of the property
  • You remain living in the home during the lease
  • The rental agreement starts on or after 10 September 2024
  • You do not rent the entire property or rent before moving in

This gives homeowners greater flexibility to offset mortgage costs while maintaining stamp duty relief.

Who Is Eligible?

To qualify for any of these concessions, you must:

  • Be at least 18 years old
  • Have never owned residential property in Australia or overseas
  • Buy as an individual (not as a company or trust)
  • Move into the property within 12 months and live there continuously for at least 1 year

How to Apply

If you’re eligible, you can apply by submitting:

  • Form D2.1
  • Supporting documents
  • Title transfer documents

It’s best to ask your solicitor or conveyancer to help complete and lodge your documents correctly.

Need assistance your property purchase?

Our team at W & G Lawyers is ready to guide you with expert legal support.

Contact us atinfo@wglawyers.com.au or 📞 0433 071 350.

Useful Resources

Queensland Revenue Office: Lodging and paying transfer duty: https://qro.qld.gov.au/duties/transfer-duty/lodging-paying/

Queensland Revenue Office: First Home Concession: https://qro.qld.gov.au/duties/transfer-duty/concessions/homes/first-home/

Queensland Government: Transfer duty (stamp duty) concessions and exemptions: https://www.qld.gov.au/housing/buying-owning-home/home-buyers-financial-help/transfer-duty

Disclaimer

The content of this article is provided for general information purposes only and does not constitute legal advice. While every effort is made to ensure the accuracy of the information, it should not be relied upon as a substitute for legal advice tailored to your circumstances. We recommend that you seek independent legal advice before acting on any information contained herein.

Avoid Costly Surprises: The Truth About Building and Pest Inspections

If you’re buying a property in Queensland, it is important to include a building and pest inspection condition in your contract.. This clause can offer critical peace of mind and financial protection — whether you’re buying your first home or expanding your property portfolio.

Read more: Avoid Costly Surprises: The Truth About Building and Pest Inspections

What Does “Subject to Building and Pest Inspection” Mean?

In many Queensland property contracts, it is common to make your offer subject to building and pest inspection. This means the contract will only become unconditional if the property passes a professional inspection.

As a result, if serious issues are found, you have several options to protect yourself. For example, you can ask the seller to fix the problem, or you may decide not to go ahead with the purchase at all.

What Does the Inspection Cover?

A building and pest inspection is a report prepared by a qualified professional, identifying any:

  • Structural defects (e.g., roof damage, major cracks)
  • Pest activity (e.g., termite infestation)
  • Drainage or moisture problems

Typically, this inspection costs between $400 and $800, depending on the size and location of the property.
Importantly, the inspector provides a detailed report to help you make a better decision.

Is It Really Necessary?

Yes — absolutely.
Even if the property looks well-maintained or is newly built, hidden issues can lead to thousands of dollars in repairs. By arranging an inspection, you can avoid unexpected expenses and make an informed decision.

If significant defects or pest issues are discovered and the appropriate condition is in your contract, you may have the option to:

  1. Terminate the contract
  2. Request repairs prior to settlement
  3. Renegotiate the purchase price

Why Legal Help Matters

Before signing, your solicitor or conveyancer should check that the inspection clause is clearly included. Even if the home appears in perfect condition, there may be problems you cannot see.
Thus, a building and pest inspection is not just a legal safeguard; it’s a practical one that allows you to move forward with confidence, knowing your new home is structurally sound and pest-free.

Need Assistance?

Do you have questions or need legal help with your property purchase? Contact W & G Lawyers. We guide buyers through every step and make sure your rights are protected.

📧 Email: info@wglawyers.com.au
📞 Phone: 0433-071-350
🌐 Website: W & G Lawyers

External Links and References

We recommend the following reputable resources for further reading:

Disclaimer

This article provides general information only and does not offer legal advice. For tailored advice specific to your circumstances, please contact W & G Lawyers.

避免高额维修陷阱:关于房屋建筑与虫害检查的真相

如果您正在昆士兰州购买房产,那么在购房合同中加入建筑与虫害检查条款非常重要。此条款不仅能为您带来安心保障,还能在财务上为您规避潜在风险——无论您是首次置业,还是扩展您的房地产投资组合。

Read more: 避免高额维修陷阱:关于房屋建筑与虫害检查的真相

什么是“附带建筑与虫害检查条款”?

在昆士兰州的房产合同中,买家常常会提出“附带建筑与虫害检查”的条款。这意味着,只有在房产通过专业检查后,合同才会成为无条件合同。

因此,如果检查中发现严重问题,您将拥有以下几种选择来保护自己。例如,您可以要求卖方修复问题,或者选择不继续购买该房产。

检查内容包括什么?

建筑与虫害检查是由具资格的专业人士出具的报告,内容通常包括:

  • 结构性缺陷(如屋顶损坏、重大裂缝)
  • 虫害活动(如白蚁侵害)
  • 排水或潮湿问题

通常,该类检查的费用在$400 至 $800 澳元之间,具体取决于房产的规模和位置。
检查完成后,您将收到一份详细报告,帮助您做出明智的购房决策。

真的有必要吗?

绝对有必要。
即使房产看起来维护良好或是全新建造的,也可能隐藏着严重问题。通过进行检查,您可以避免未来高额的维修费用,并做出更明智的选择。

如果合同中包含了正确的条款,且检查发现了重大缺陷或虫害问题,您可以选择:

  • 解除合同
  • 要求在交割前完成修复
  • 重新协商购买价格

为什么法律协助很重要?

在签署合同之前,您的律师或产权过户代理人应当核查该检查条款是否已明确写入合同中。即便房屋外观完好,仍可能存在您未察觉的问题。

因此,建筑与虫害检查不仅是法律层面的保护,更是实用上的保障——让您能放心入住,确认房屋无结构问题或虫害隐患。

需要协助?

如果您在购房过程中有任何法律问题或需要专业建议,请联系 W & G 律师事务所。我们将为您的每一步购房过程提供全方位支持,确保您的权益得到保障。

📧 电邮:info@wglawyers.com.au
📞 电话:0433-071-350
🌐 网站:W & G Lawyers

外部链接与推荐资源

以下是我们推荐的可靠阅读资源,可帮助您进一步了解建筑与虫害检查的重要性:

免责声明

本文仅提供一般信息,不构成法律建议。由于每位客户的情况不同,请在采取任何行动前咨询专业律师,以获得针对您具体情况的建议。欢迎随时联系 W & G 律师事务所寻求法律支持。