Are first home buyer concessions accessible in Kogarah? The FHB eligibility card below compares the NSW stamp duty exemption and concession thresholds to the median dwelling price in Kogarah 2217. In many inner and middle-ring Sydney suburbs, median prices exceed the $1,000,000 concession ceiling, making stamp duty a full additional cost at the purchase price. The card tells you where Kogarah sits relative to those thresholds.
Can I afford Kogarah?
First-home buyer eligibility
At $720,000, here’s which schemes you can use in Kogarah. Drag to test other budgets.
Purchase price
$720k
$500k$2M
Stamp duty discount (FHBAS)
✓Eligible
$26,929 saved
Full FHBAS exemption at this price. Saving: ~$26,929.
over 3 yrs. The deposit target grew $4,000 faster than savings
Numbers assume a 20% deposit. The First Home Guarantee can let you buy with 5%; the FHSS can release up to $50k from super.
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.
If median prices in Kogarah consistently exceed $1,000,000, first home buyers will typically pay full stamp duty, approximately 4 to 4.5 percent of the purchase price at that level. On a $1.1M purchase, that is around $44,000 to $50,000 in additional upfront cost. This does not rule Kogarah out as a first purchase, but it needs to be factored into your deposit and savings plan alongside legal costs and building inspections.
