Eligible first home buyers pay ZERO STAMP DUTY on land in the City of Salisbury + save a further $15K with the First Home Owners Grant. Check your eligibility below.
What is stamp duty?
Stamp duty is a tax payable when you purchase a home, apartment, or vacant land.
The amount of stamp duty is calculated based on the value of the land. However, if you are a first home buyer, there is good news…
The South Australian State Government has announced stamp duty relief for First Home Buyers, on new builds.
Vacant land below $400,000 = zero stamp duty
For new builds below $650,000 = zero stamp duty
- This includes a new home, unit, townhouse, apartment, off-the-plan apartment, house and land packages
For new homes between $650,001 to $700,000 = partial stamp duty relief (refer to table for savings amounts here)
+ eligible buyers can save a further $15,000 with the First Home Owners Grant. Find out more here >
The stamp duty relief is applicable to contracts signed on or after the 15th June 2023.
All eligibility criteria must be met.