Are first home buyer concessions accessible in Merrylands? The FHB eligibility card below compares the NSW stamp duty exemption and concession thresholds to the median dwelling price in Merrylands 2160. 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 Merrylands sits relative to those thresholds.
Can I afford Merrylands?
First-home buyer eligibility
At $675,000, here’s which schemes you can use in Merrylands. Drag to test other budgets.
Purchase price
$675k
$500k$2M
Stamp duty discount (FHBAS)
✓Eligible
$24,904 saved
Full FHBAS exemption at this price. Saving: ~$24,904.
over 3 yrs. The deposit target grew $3,000 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.
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 Merrylands 2160.
