Steve Whan
Member for Monaro
More than 1,000 first home buyers get their start in Monaro
Friday, 30 January 2026
New data reveals that 1,082 first home buyers in Monaro have been given a helping hand by the Minns Labor Government, saving an average of $18,764 off the cost of their first home.
The program provides a full stamp duty exemption of $30,412 for first home buyers purchasing a property up to $800,000 and a concession for homes priced between $800,000 and $1 million.
It replaces the previous Liberal-National Government's forever tax on first-home buyers, which left first-home buyers paying an annual land tax back to the Government.
Across NSW, 82,174 first home buyers have saved an average of $20,475 since July 2023. Of those, 58,111 people paid no stamp duty at all, while 24,063 individuals paid a reduced amount.
the scheme also works with the Albanese Labor Government's 5% Deposit and Shared Equity schemes, making it even easier for people and families to buy their first home.
Housing is the number one cost-of-living pressure on young people, families and downsizers. Helping first home buyers is a critical piece of the Minns Labor Government's plan to address these cost-of-living pressures and make sure NSW can be an accessible and affordable place to live.
"When we came into government, we made a clear commitment to help people across the basics like housing, and we're delivering on our promise.
"We're proud to be able to provide affordable housing in Monaro, giving more people the chance to put down roots in a region full of opportunity, strong communities and a bright future," said Member for Monaro, Steve Whan.
That's why the Minns Labor Government is delivering more homes to rent and buy, re-building essential services that families rely on, and providing long overdue investment in critical infrastructure across NSW.
The First Home Buyers Assistance Dashboard has more statistics by suburb and Local Government Area can be accessed here.
More information about First Home Buyers Assistance is available here.
