Changes to home concessions from 1 August 2026

As part of the 2026–27 State Budget, the Queensland Government announced changes to the eligibility for transfer duty home concessions.

From 1 August 2026, buyers purchasing a home, first home or vacant land on which to build their first home must be one of the following to be eligible for a home concession:

• Australian citizens
• permanent resident
• specified foreign retiree.

Temporary residents will generally not be eligible for these home concessions. They will be required to pay transfer duty at standard rates as well as the 8% additional foreign acquirer duty (AFAD) that applies to residential land purchases by foreign acquirers in Queensland.

Self-funded foreign retirees holding certain legacy visas (subclass 405 or 410), who are already exempt from AFAD, are excluded from the changes.