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First home buyer eligibility in Kurnell (2231)

Are first home buyer concessions accessible in Kurnell? The FHB eligibility card below compares the NSW stamp duty exemption and concession thresholds to the median dwelling price in Kurnell 2231. 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 Kurnell sits relative to those thresholds.

Can I afford Kurnell?

First-home buyer eligibility

At $1,722,500, here’s which schemes you can use in Kurnell. Drag to test other budgets.

Purchase price
$1.72M
$500k$2M
These thresholds are for FY2025-26. Caps refresh each July - verify before signing.

Stamp duty discount (FHBAS)

Not eligible
$77,147 duty

Properties at or above $1,000,000 do not qualify for FHB stamp duty relief in NSW.

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

$10,000 grant for new builds (FHOG)

Not eligible
Not eligible

FHOG covers new homes up to $750,000. This price is above the cap.

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

5% deposit, no LMI (First Home Guarantee)

Not eligible
Above $1.5M cap

Above the $1,500,000 NSW price cap for this postcode.

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

2% deposit, shared equity (Help to Buy)

Not eligible
Above $1.5M cap

Above the $1,500,000 NSW price cap for this postcode. 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
$77,147standard 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.

The NSW Government's First Home Buyer Choice scheme (now the property tax option) allows eligible first home buyers to opt for an annual property tax instead of upfront stamp duty on properties up to $1,500,000. This can significantly improve cash-flow at settlement for buyers in the Kurnell price bracket, but it involves long-term tax commitments that depend on your ownership horizon. Run the numbers with a mortgage broker before choosing between stamp duty and property tax.

First home buyer eligibility in nearby suburbs

Caringbah 2229Cronulla 2230Engadine 2233Gymea 2227Jannali 2226Kirrawee 2232

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