quaetion regarding home buyers grant and stamp duty.

[maza]

In regards to the first home buyers grant, are all first home buyers eligible for it, no matter what the cost of the house or unit is?

example, if your first property you buy for a million, do you still get the grant?

And with stamp duty, is it true you dont pay stamp duty on your first home if it is under 500k?

If it is above 500k, do you pay stamp duty on your first house, or is the stamp duty reduced at all?

 

[Propertunity]

example, if your first property you buy for a million, do you still get the grant?

Yes, there are well over 1,000 FHOG's given to people purchasing their first PPOR for over $1M+

And with stamp duty, is it true you dont pay stamp duty on your first home if it is under 500k?

Yes

If it is above 500k, do you pay stamp duty on your first house, or is the stamp duty reduced at all?

Dunno but you can check on the government web-sites: Office of State Revenue in your state.