First Home Buyer Choice
Legislation for First Home Buyer Choice received assent on 11 November 2022. First home buyers now have a choice between paying upfront transfer(stamp) duty or an annual property tax.
Learn more about the First Home Buyer Choice.
Eligible first home buyers who signed a contract of purchase between 11 Nov 2022 and 15 Jan 2023 can now claim a refund of transfer duty paid by opting into
First Home Buyer Choice via the Revenue NSW portal online
before 30 June 2023.
The First Home Buyer Choice Calculator is an online tool that will help eligible
NSW first home buyers make an informed choice. The calculator is for informational purposes only and does not replace financial or legal advice.
Find out more by watching the Introduction to First Home Buyer Choice
video.
This initiative is in addition to the existing First Home Owner (New Homes) Grant, and the First Home Buyers Assistance Scheme offering transfer duty exemptions and concessions.
To ensure you calculate the correct duty payable you must use the correct execution date below.
This calculator will estimate the amount of duty you need to pay on the sale or transfer of land or a business in NSW.
Read more information about sale or transfer of land.
Read more information about duties on sales of business
Value includes any GST being paid by the purchaser.
Use the interest calculator to determine if interest is payable on the transaction.
All amounts entered must be numbers. Please do not include dollar signs, commas, spaces or cents. For example: 22000
If you need help using this calculator, contact us.