Yes. In Victoria, eligible first home buyers are fully exempt from stamp duty on homes valued up to $600,000. For properties valued between $600,001 and $750,000, a sliding-scale concession applies. This exemption applies to both new and established properties (unlike the FHOG). On a $580,000 purchase, the stamp duty saving exceeds $31,000. Paddy confirms your eligibility as part of your pre-approval process.