If you are an eligible first home buyer in NSW, you now have a choice between paying stamp duty or a smaller annual property tax.
First Home Buyer Choice is making home ownership in NSW easier by providing first home buyers the option between paying a smaller annual property tax, instead of stamp duty.
If you're an eligible first home buyer looking for a property up to $1.5 million, First Home Buyer Choice can lower the upfront costs of your purchase and cut up to 2 years off the time needed to save for a deposit, fast tracking your way to a new home.
Existing stamp duty exemptions and concessions for first home buyers will continue to apply for eligible purchases of up to $800,000.
Use the First Home Buyer Choice calculator to help you compare the estimated property tax and stamp duty.
Purchased your first home after 11 November 2022?
First home buyers who have bought since 11 November 2022 can apply to opt into annual property tax and have their stamp duty payment refunded within 10 business days.

Introduction to First Home Buyer Choice

First Home Buyer Choice calculator
Use the First Home Buyer Choice calculator to help you compare the estimated property tax and stamp duty.

Watch our video
Find out what others think about having a choice to help unlock their first home.

First home buyer grants and help
You may be eligible for a NSW Government grant or assistance to help you get into your own home sooner.

Common questions
Learn more about First Home Buyer Choice.
Learn more about First Home Buyer Choice
Contact us
More information about the First Home Buyer Choice can be obtained from Service NSW on 1300 135 195.
Background information
Find out more about the developments to date in property tax reform, including details about public consultation and economic research.