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Read more about HomeBuilder and other relief measures to help customers impacted by COVID-19.

Grants and schemes
  • About

    Information on grants, schemes and concessions

  • First home buyer

    Financial support for NSW first home buyers.

  • HomeBuilder

    A grant for eligible owner-occupiers

  • Previous schemes

    Closed schemes that you may still be able to access

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  • Grants and schemes
  • Previous schemes
  • First home plus one
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First home plus one

First Home Plus One Scheme was replaced by the First Home – New Home scheme on 1 January 2012.

  • First Home Plus One allows eligible purchasers to buy property with other parties and still receive a concession.
  • To qualify, the eligible purchasers must buy at least 50 per cent of the property.
  • The value limits and other eligibility criteria of First Home Plus apply.

If the first home buyer’s spouse has previously owned a home or received a benefit under First Home Plus, the first home buyer will not be entitled to First Home Plus One, regardless of whether or not the spouse is also a purchaser.

Transfer duty is calculated with reference to the proportion of the property purchased by other parties. However, this interest is disregarded if it is not more than five per cent.

The tables below give a guide to the concession applicable.

Homes example calculations

Purchase price ($)50% acquired by
first home buyer
Duty ($)
Savings ($)
250,000 3,620 3,620
300,000 4,495 4,495
350,000 5,620 5,620
400,000 6,745 6,745
450,000 7,870 7,870
500,000 8,995 8,995
525,000 12,369 6,746
550,000 15,743 4,498
575,000 19,116 2,249
Purchase price ($)90% acquired by
first home buyer
Duty ($)
Savings ($)
250,000 724 6,516
300,000 899 8,091
350,000 1,124 10,166
400,000 1,349 12,141
450,000 1,574 14,166
500,000 1,799 16,191
525,000 6,972 12,143
550,000 12,145 8,096
575,000 17,317 4,048

Vacant land example calculations

Purchase price ($)50% acquired by first home buyer Duty ($)Savings ($)
100,000 995 995
200,000 2,745 2,745
300,000 4,495 4,495
340,000 7,493 3,297
380,000 10,491 2,099
420,000 13,489 901
Purchase price ($)90% acquired by first home buyer Duty ($)Savings ($)
100,000 199 1,79
200,000 549 4,941
300,000 899 8,091
340,000 4,855 5,935
380,000 8,812 3,778
420,000 12,768 1,622

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