First Home New Home Exemption or Concession from Duty Application Form and Lodgement Guide ODA 066 F 2025

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First Home New Home Exemption or Concession from Duty Application Form and Lodgement Guide ODA 066 F Preview on Page 1

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin with Section 1, where you will enter your Application ID and confirm eligibility by answering the checklist questions. Ensure all eligible purchasers and their spouses are included.
  3. In Section 2, provide lodging details including the applicant's name and postal address. This section is crucial for communication regarding your application.
  4. Proceed to Section 3 to detail property and transaction information. Enter the date of agreement, vendor’s name, and dutiable value accurately.
  5. Complete Section 4 by listing all eligible purchasers. Each purchaser must be listed separately along with their respective interest percentages.
  6. Fill out Sections 5 and 6 with personal details of each eligible purchaser and spouse, ensuring accuracy in names, addresses, and contact information.
  7. In Section 7, each eligible purchaser must declare their eligibility by signing the declaration. Ensure that all declarations are completed correctly.
  8. Finally, review the supporting documentation checklist in Section 10 to ensure all required documents are attached before submission.

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As of 2025, first home buyers purchasing a property up to $800,000 may pay no duty at all. Concessional rates may apply for purchases up to $1 million. However, eligibility depends on factors like whether youve owned property before (even overseas), your residency status, and how you plan to use the property.
If you are an Australian citizen or permanent resident and a first home buyer in NSW, you dont have to pay stamp duty on an existing home valued below $800,000. You have to move in within 12 months and live there for 12 consecutive months.
6 Legal Strategies to Avoid Stamp Duty The First-Time Buyer Advantage. Property Transfers and Gifting to Family. Inheriting Property and Stamp Duty Relief. Buying Through a Limited Company. Mixed-Use Properties and Commercial Purchases. Stamp Duty Refunds and Reclaims.
From 1 July 2023, a full exemption from transfer duty will be available if you are buying a new or existing home valued up to $800,000, while homes valued over $800,000 and less than $1,000,000 may qualify for a concessional rate.