--- title: "Stamp Duty Queensland 2026" description: "Zero stamp duty on new homes for FHBs (no cap). Building saves $20K-$50K+ vs established. Pay duty on land only, not construction." source: HomeBuildBudget sourceUrl: https://homebuildbudget.com/guides/stamp-duty-qld lastUpdated: 2026-06-16 citationUrl: https://homebuildbudget.com/guides/stamp-duty-qld --- # Stamp Duty Queensland 2026 Zero stamp duty on new homes for FHBs (no cap). Building saves $20K-$50K+ vs established. Pay duty on land only, not construction. Zero stamp duty on new homes for FHBs (no cap). Building saves $20K-$50K+ vs established. Pay duty on land only, not construction. Quick answer: Queensland stamp duty on a $700,000 property is approximately $26,075. First home buyers building new pay zero stamp duty with no property value cap (from May 1, 2025) — build a $2 million home and pay nothing. Established homes get full relief under $700,000, partial $700,001–$799,999, no relief above $800,000. Combined with the $30,000 FHOG (until June 2026), first home buyers building new save $50,000–$80,000+. Updated April 2026 based on Queensland Revenue Office data. “Queensland’s uncapped stamp duty exemption for new homes is a game-changer. A first home buyer building a $1.2 million home pays zero stamp duty — that’s nearly $50,000 saved compared to buying established. No other state matches that at the higher price points.” — Emma Whitfield, Property Finance Analyst at BuildBudget Queensland changed the rules dramatically on May 1, 2025. The first home buyer stamp duty exemption for new homes was uncapped. Every other state has a cap ($500K–$800K). Queensland removed it entirely. If you’re building new, you pay zero transfer duty regardless of property value—$500K home, $1M home, $2M home, all zero. Queensland uses a tiered rate structure based on property value (source: Queensland Revenue Office): ### Standard Rates (All Buyers) ### Who Qualifies for First Home Buyer Stamp Duty Relief? ## How Much Do You Save By Building Instead of Buying? ### Example 1: Building in Brisbane Outer Suburbs ### Example 2: Building in Brisbane (Non-First Home Buyer) ### Example 3: First Home Buyer Building $1.2M Home ### See your QLD stamp duty savings ## How It Works ### The Two-Contract Rule ## What Is the Queensland Home Concession? ## Do Foreign Buyers Pay More Stamp Duty in Queensland? ## When Is Stamp Duty Due in Queensland? ### Do I pay stamp duty on the construction cost? ### Can I get the FHOG and stamp duty exemption together? ### What about house-and-land packages? ## Key Points - $500,000 property: ~$17,325 - $700,000 property: ~$26,075 - $1,000,000 property: ~$38,025 - $1,500,000 property: ~$66,775 - Full concession — zero stamp duty with no property value cap - Buy vacant land for $300K, pay $0 duty - Build a new $2M home, pay $0 duty - Full concession — effectively zero stamp duty (home concession + first home concession stack to eliminate duty) - Partial concession — gradually reduces on a sliding scale - Example: $730,000 established home pays $6,555 stamp duty (after concessions) ## Frequently Asked Questions ### Who Qualifies for First Home Buyer Stamp Duty Relief? Queensland offers the most generous first home buyer stamp duty relief in Australia for new homes (source: Queensland Revenue Office). ### What Is the Queensland Home Concession? This is separate from the first home buyer concession. The home concession applies to all owner-occupiers, not just first home buyers (source: Queensland Revenue Office). ### Do Foreign Buyers Pay More Stamp Duty in Queensland? Queensland charges an additional 8% foreign acquirer duty on residential land purchases by foreign persons (source: Queensland Revenue Office). ### When Is Stamp Duty Due in Queensland? Stamp duty is due within 30 days of settlement. In practice, your conveyancer or solicitor handles payment as part of the settlement process. The duty is calculated based on the higher of: ### Do I pay stamp duty on the construction cost? No. As long as you have separate contracts for the land purchase and the build, the building contract isn’t dutiable. That’s the whole reason building saves you so much upfront in Queensland. ### Can I get the FHOG and stamp duty exemption together? Yes, and you should. They’re separate schemes. If you’re a first home buyer building new in Queensland, you get: ### What about house-and-land packages? House-and-land packages qualify for the first home buyer stamp duty exemption, provided: ### What if I’m buying an established home? If you’re a first home buyer buying an established home: ### How does the home concession work with the first home concession? They stack. The home concession applies first (reduces dutiable value by $350,000), then the first home concession applies to the remaining amount. ### When did Queensland remove the property value cap for new homes? May 1, 2025. Before that date, the first home concession capped at $700,000 for new homes (partial concession $700K–$799,999, nil above $800K). ### How does Queensland compare to other states? Stamp duty exemptions for first home buyers (new homes): ### What if I’ve owned property overseas? Queensland’s first home buyer eligibility requires you’ve never held an interest in another residence anywhere in the world. This is stricter than some states (which only look at Australian property ownership). ### Can I claim the concession if I’m buying land to build on? Yes. If you’re a first home buyer purchasing vacant land with the intention to build a new home and occupy it as your principal residence, you pay zero stamp duty on the land (from May 1, 2025, no cap). --- *Source: [HomeBuildBudget](https://homebuildbudget.com/guides/stamp-duty-qld)*