What Exemptions Are Available for First Home Buyers?


In this interview on 2UE, Robert Projeski, the Managing Director of AMO, estimates that this NSW first home buyer is entitled to as much as $30K worth of government grants and stamp duty concession.

In NSW first home buyers are entitled to two main concession. The first is the First Home Owner's Grant, which is a cash grant and the second is the exemption on stamp duty.

Although the benefits vary from state-to-state for first home buyers, it's worthwhile to see how much grants and concessions are available.