First home buyer eligibility in Kingswood (2747)

First home buyer stamp duty concessions and grants in Kingswood (2747) depend on the purchase price relative to the NSW Government thresholds in effect at the time of purchase. For properties up to $800,000, first home buyers are eligible for a full stamp duty (transfer duty) exemption. A concessional rate applies on properties between $800,000 and $1,000,000. The First Home Owner Grant (FHOG) of $10,000 applies to new dwellings up to $750,000. Kingswood is in the Penrith LGA.

Can I afford Kingswood?

First-home buyer eligibility

At $550,000, here’s which schemes you can use in Kingswood. Drag to test other budgets.

Purchase price

$550k

$500k$2M

These thresholds are for FY2025-26. Caps refresh each July - verify before signing.

Stamp duty discount (FHBAS)

Eligible

$19,279 saved

Full FHBAS exemption at this price. Saving: ~$19,279.

Revenue NSW →See all NSW suburbs that fit this scheme →

$10,000 grant for new builds (FHOG)

Partial

$10,000 grant

Potentially applies if buying new under $750,000.

Revenue NSW →See all NSW suburbs that fit this scheme →

5% deposit, no LMI (First Home Guarantee)

Eligible

5% deposit

Under the $1,500,000 NSW price cap.

Housing Australia →See all NSW suburbs that fit this scheme →

2% deposit, shared equity (Help to Buy)

Partial

Up to 40% equity

Potentially eligible. Under the $1,500,000 NSW price cap. Subject to income caps ($100,000 single, $160,000 joint) and Australian citizenship.

Treasury →See all NSW suburbs that fit this scheme →

If no scheme applies

$19,279standard duty

Sources: Revenue NSW (FHBAS, FHOG, standard duty), Housing Australia (First Home Guarantee),Treasury (Help to Buy). FYApr 2026 thresholds. Caps refresh each July; verify before signing. Not financial advice.

First home buyer eligibility is not just about the purchase price. It also requires that you have never previously owned residential property anywhere in Australia or overseas, that you intend to live in the property, and that the property meets the relevant definition of residential property for the grant and concession purpose. The Revenue NSW website has an eligibility checker; consult a solicitor or conveyancer before relying on any eligibility assessment in Kingswood 2747.

First home buyer eligibility in nearby suburbs

Glenmore Park 2745 Penrith 2750 St Marys 2760

More about Kingswood

All insights →Flood risk Bushfire risk Schools Walkability Amenities Commute