HOME buyers on the Southern Downs have had a weight lifted from their shoulders as the State Government announced stamp duty cuts at the weekend.

Those who had stalled signing the dotted line until now will have to ensure they're not purposely dodging the tax, but Warwick LJ Hooker principal Rob Finlay said other than that, it was a positive move for the market.

"It's definitely a positive thing for the industry," Mr Finlay said.

He said he knew of some who had held off buying properties until the end of last financial year.

"Some of the guys have said they've had clients hanging off for the stamp duty cut, but whether that means they will transpire into actual sales, only time will tell," Mr Finlay said.

"But I definitely know there are a couple of people in the office who signed contracts (yesterday)."

Though home buyers weren't the biggest fans of stamp duty, Mr Finlay said it was not the only deterrent when it came to making the big decision.

"There are a lot of things that go towards people buying a house and certainly the stamp duty cut does help make it easier to make a final decision, but there are other factors as well," he said.

While real estate agents did not expect a wave of buyers to pile through the doors waving cash all at once, Mr Finlay said he was sure buyers would have some confidence restored in the market.

"The market has certainly been improving steadily over the past three months, with an increase in inquiry and sales, so we are going in the right direction and this can only help," Mr Finlay said.

Helen Harm, of Helen Harm Real Estate, was thrilled to see the stamp duty cut and said people of the Southern Downs would reap the benefits.

"We never should have had that stamp duty on," Mrs Harm said.

"That's why people came to Queensland - because they could sell in different states and ultimately get more money in their pockets."

The cut will not affect first-home buyers and investors who already have concessions related to purchases.

"I think we will start to see, particularly people who are onto their second or third home, step up," Mrs Harm said.

If you are someone who has just bought a home in the wake of the stamp duty cut, we'd like you to share your story.

Send us an email at georja.ryan@warwickdailynews.com.au or phone 4660 1316 and tell us how this cut has benefited you.