You can claim a first home vacant land concession if:
- You buy vacant land valued less than $400,000
- You are at least 18 years of age
- You have never held an interest in residential land anywhere in the world
- You will build your first home on the land
- You will only build 1 home on the land
- No building, or part of a building is situated on the land when you buy it
- You haven’t received a first home vacant land concession before
