For many homebuyers, saving for a deposit is the biggest milestone on the journey to home ownership. 

But house and land costs are only part of the overall cost of buying a home. Alongside your deposit, there are several additional costs to consider including legal fees, moving expenses, loan application fees and stamp duty. For many buyers, stamp duty is one of the largest upfront cost associated with purchasing a property. 

Why Stamp Duty Matters 

Stamp duty, also known as transfer duty, is a government tax paid when purchasing property in New South Wales.¹  It is generally paid upfront at settlement, which can make it a significant cost alongside your deposit and other purchasing expenses. 

Understanding stamp duty early is just as important as understanding your borrowing capacity. 

A Simple Home Buying Budget Checklist 

Before purchasing a home, it’s important to budget for: 

• Deposit 

• Stamp duty 

• Legal and conveyancing fees 

• Building and pest inspections 

• Loan application fees 

• Moving costs 

• Furniture and appliances 

• Landscaping and fencing 

• Emergency savings 

How Much Could Stamp Duty Cost? 

Most buyers are familiar with stamp duty, but few realise how it can increase to the upfront cost of purchasing a property. 

As a general guide: 

• $650,000 land purchase: approximately $23,000+ in stamp duty*  

• $750,000 land purchase: approximately $28,000+ in stamp duty*  

• $850,000 land purchase: approximately $32,000+ in stamp duty*  

• $1,000,000 land purchase: approximately $40,000+ in stamp duty* 

For example, on a $750,000 land purchase, the savings on stamp duty could cover the costs of landscaping, fencing, window furnishings, furniture or provide a valuable financial buffer after settlement. 

Government Assistance Available to First Home Buyers 

If you’re purchasing your first home, there may be government assistance available to help reduce upfront costs. 

Depending on your circumstances and eligibility, support may include: 

• First Home Owner (New Homes) Grant⁴ 

• First Home Buyers Assistance Scheme, including stamp duty exemptions and concessions¹ ² ⁵ 

• First Home Guarantee Scheme⁶ 

These initiatives can make a meaningful difference for eligible buyers and are worth exploring before beginning your property search. 

As eligibility requirements can change, buyers should always seek independent financial advice and confirm current criteria directly with the relevant government authorities.  

Limited Time Only: Bonus Stamp Duty Rebate Up to $30,000^ 

While government incentives can help reduce some purchasing costs, stamp duty often remains one of the largest upfront expenses buyers need to budget for.¹ 

To help new home buyers, Castle Group is currently offering a Bonus Stamp Duty Rebate on selected land at Bloomfield, Austral. 

Rather than directing those funds towards stamp duty, buyers may choose to: 

• Buy a bigger block of land 

• Increase their deposit 

• Complete landscaping sooner 

• Furnish their new home 

• Reduce moving and setup costs 

• Maintain a larger financial buffer after settlement 

Why Buyers Are Looking at Bloomfield in Austral 

For buyers considering a new home in Sydney’s South West, Bloomfield offers a rare opportunity to secure registered land in a boutique community at 25 Boyd Street, Austral. 

Our final lots of land are generous in size, ranging from 334m² to 377m² and prices from $725,000 – $775,000**, Bloomfield offers first home buyers and growing families the opportunity to secure more space without compromising on convenience. 

It provides you the extra space for a swimming pool, play area, vegetable garden, outdoor entertaining and kids to run around.  

One of the key advantages of Bloomfield is that the land is registered and ready to build, allowing buyers to move forward with their home-building plans sooner. 

Designed as a low-density community, Bloomfield combines family-sized land lots with access to parks, future public open space and everyday amenities, creating a neighbourhood designed for modern family living. 

Bloomfield residents benefit from easy access to: 

• Leppington Station  

• The M5 and M7 motorways  

• Local schools and childcare centres  

• Planned Austral Town Centre precinct⁷  

• The Fifteenth Avenue Smart Transit (FAST) Corridor²  

• Western Sydney International Airport and Aerotropolis precinct⁷ ⁸  

With over 85% of the community already sold, Bloomfield is one of the final opportunities to secure a block of land within this established neighbourhood. 

For many buyers, Bloomfield offers the chance to build a brand-new home in a location expected to benefit from significant infrastructure investment, improved connectivity and long-term growth over the coming years.⁷ ⁹ ¹⁰ 

Ready to Explore Bloomfield? 

If you’re considering building a new home in Austral, now is a great time to learn what incentives and savings may be available to you. 

Between government assistance programs for eligible buyers and Castle Group’s limited-time Stamp Duty Rebate Promotion, there may be opportunities available to significantly reduce your upfront costs. 

Contact our friendly sales team today to learn more about available homes and land, current pricing and how the Stamp Duty Promotion could help you save on your property purchase. 

Call 1800 1 227 853 or visit our South West Sales Office at 17 Horologium Road 

Learn more about our Stamp Duty Rebate Promotion   

References 

1. NSW Government. First Home Buyers Assistance Scheme. Retrieved from https://www.nsw.gov.au/housing-and-construction/buying-and-selling-property/home-buying-assistance/first-home-buyers-assistance-scheme 

1. Revenue NSW. First Home Buyers Assistance Scheme Guide. Retrieved from https://www.revenue.nsw.gov.au/property-professionals-resource-centre/guides-rulings-cpns/topics/first-home-buyers-assistance-scheme-guide/overview 

1. Revenue NSW. Transfer Duty Calculator. Retrieved from https://www.revenue.nsw.gov.au/help-centre/resources-library/calculators/transfer-duty 

1. Revenue NSW. First Home Owner (New Homes) Grant. Retrieved from https://www.revenue.nsw.gov.au/grants-schemes/first-home-owner-new-homes-grant 

1. NSW Government. First Home Buyers Assistance Scheme. Retrieved from https://www.nsw.gov.au/housing-and-construction/buying-and-selling-property/home-buying-assistance/first-home-buyers-assistance-scheme 

1. Australian Government. First Home Guarantee. Retrieved from https://www.housingaustralia.gov.au/support-buy-home/first-home-guarantee 

1. Urbis (2025). Market Outlook Austral. 

1. Liverpool City Council (2023). Austral and Leppington. Retrieved from https://www.liverpool.nsw.gov.au/development/planning-the-future/austral-and-leppington 

1. Realestate.com.au (2025). Austral Suburb Profile. Retrieved from https://www.realestate.com.au/neighbourhoods/austral-2179-nsw 

1. Pricefinder (2025). Suburb Sales Data for Austral and Surrounding Suburbs. Retrieved from https://www.pricefinder.com.au 

*Approximate figures only. Actual duty payable depends on the purchase price, purchaser circumstances and any applicable exemptions or concessions. Buyers should use the Revenue NSW Transfer Duty Calculator for an accurate estimate.³ 

^Terms and conditions apply on the Bonus Stamp Duty Rebate. Please speak with the Castle Group sales team or visit the promotional page for full details and eligibility requirements. 

**Prices are indicative only and are correct at the time of publishing. Prices, availability and lot details are subject to change without notice. Prospective purchasers should rely on their own enquiries and the Contract for Sale. 

 The information and images (including CGI) on this medium is dated July 2026. It does not constitute legal, financial, investment or any advice by Castle Group and accordingly should not be treated as substitute for specific due diligence or advice relevant to any investor, purchaser or any party in general. 

The information contained in this medium, which may include information prepared by third parties, do not propose to be comprehensive, has not been independently verified and may be subject to change. Whilst the information, to the extent prepared by 1129 CG Pty Ltd ACN 662 166 761 ATF 1129 CG Unit Trust ABN 27 543 257 296, any related entities or body corporates, or any entity that is connected by a common interest in an economic enterprise (collectively, キャッスル・グループ), has been prepared in good faith, no representation or warranty, express or implied, is or will be made and no responsibility or liability is or will be accepted by Castle Group in relation to the accuracy or completeness of any information on this medium. Images (including CGI) contained in this medium may be artist impressions and are indicative only. The development and its surrounds may not be identical to the information, images (including CGI) or any other content shown in this medium and Castle Group reserves the right to make any changes without notice. 

The information on this medium is not an offer nor legally binding on Castle Group, and purchasers should refer to the Terms and Conditions in respect of this promotion and, ultimately the legal documentation in relation to their respective lot. View Bloomfield Stamp Duty Rebate Promotion Terms and Conditions here. 

Castle Group does not accept and disclaims, to the maximum extent permitted by law, any liability for any loss, damage or claim of whatever nature or kind (including negligence) suffered, sustained or incurred by any person, corporation or other legal entity which arises out of any alleged reliance on the contents of this medium.