Stamp duty calculator

Stamp duty is a state government tax levied on home buyers and it varies depending on the state or territory you’re buying in.

It's generally 3-4% of the property’s value, but it’s best to use our Stamp Duty Calculator to get an estimate of what you could expect to pay. In the meantime, here’s a snapshot of stamp duty costs in each state and territory:

NSW

$80,001 to $300k = $1,290, plus $3.50 for every $100 over $80k

$300,001 to $1m = $8,990, plus $4.50 for every $100 over $300k.

If you're a first home buyer, you can choose between a lump sum stamp duty payment or an annual tax that is based on your property's land value. There are conditions and eligibility criteria, which you can find here.

QLD

$75k to $540k = $1,050, plus $3.50 for every $100 over $75k.

$540k to $1m = $17,325, plus $4.50 for every $100 over $540k.

SA

$250k to $300k = $8,955, plus $4.75 for every $100 over $250k.

$300k to $500k = $11,330, plus $5 for every $100 over $300k.

TAS

$200k to $375k = $5,935, plus $4 for every $100 over $200k.

$375k to $725k = $12,935, plus $4.25 for every $100 over $375k.

WA

$100,001 to $250k = $2,090, plus $3.80 for every $100 over $100k.

$250,001 to $500k = $7,790, plus $4.75 for every $100 over $250k.

VIC

$440,001 to $550k = $18,370, plus 6% of the dutiable value over $440k.

$550,001 to $960k = $28,070, plus 6% of the dutiable value over $550k.

NT & ACT

Stamp duty is determined by a formula in these territories, so you’ll need to use the calculators on the NT Government and ACT Revenue Office websites to determine approximate stamp duty.

Our eligibility criteria looks across a range of factors including:

• Property: value, location, and type
• Your contributions (aka deposit or equity amount)
• Employment: current and previous history, and type
• Identity: forms of government ID, and citizenship

Check our eligibility page to see if a Tiimely Own home loan, or a loan via our in-house broker service is best for you.

Most states offer some form of stamp duty/land transfer duty discount. New South Wales, Queensland, Tasmania, Victoria, Western Australia, and the ACT all offer either a full exemption or partial concession on stamp duty/land transfer duty for first home buyers. Unfortunately, South Australia and the Northern Territory don’t currently offer any form of stamp duty/land transfer duty discount for first home buyers at this time.

No one said saving for a home was going to be easy.

As well as the biggest deposit you can possibly manage (at least 10% and preferably 20%), there are a number of other upfront expenses you’ll have to save for when buying your home. These include;

• Stamp duty – ranges from zero up to many thousands of dollars, depending on where you are. If you’re a first home buyer, you may be entitled to an exemption, so check the government website in your state or territory.
• Transfer fee - a state government fee for property title transfers which also varies by state. It could be hundreds or thousands of dollars, so check your government website for details.
• Mortgage registration fee – another government fee covering mortgage registrations, but usually only in the low hundreds, depending on which state you’re in.
• Legal fees - covers the cost of a licensed conveyancer reviewing your contract and title and drafting the settlement documents. This can cost anywhere from a few hundred to a few thousand, depending on complexity.
• Mortgage application fee – a fee charged by your bank to set up your mortgage. Some banks offer reduced-fee deals, so shop around.
• Lenders Mortgage Insurance – usually only required if your deposit is less than 20%, it can cost you between 1 and 3% of the loan amount.
• Inspection fee – you’ll need a building inspection to check for termites and structural issues. This could set you back anywhere from $200 to $500.
• Other costs - building insurance costs around $1000 a year for home insurance and $500 for contents, utility connections can be in the hundreds of dollars and removalist fees can be anywhere from $500 to $3,500.

Altogether, you could be looking at $30,000 on top of your deposit, so make sure you budget these amounts into your savings plan so you don’t have any nasty surprises come settlement time.

If you’d like a more detailed breakdown of the costs, take a look at our Home Loan Guide.

You can get more information about the fees associated with a Tiimely Home home loan here.

Stamp duty is a state government tax levied on home buyers and it varies depending on the state or territory you’re buying in. It's generally 3-4% of the property’s value. You can use our calculator as a guide. Keep in mind your actual stamp duty cost may vary depending on your own circumstances. Our calculator does not take into account stamp duty exemptions.

Conveyancing is the process of transferring property from one person to another. Conveyancing costs can vary depending on the state or territory you’re buying in and the individual conveyancer you use. We’ve put $1200 as an estimate only based on what we see on average across the industry. Your conveyancing fees can range anywhere from $60 for e-conveyancing all the way up to $2200.

No, our calculator does not take into account stamp duty exemptions. You may be eligible for further exemptions based on your own circumstances (such as income, the state you live in or if you are a first-home buyer). You can click on the state links below to explore what exemptions are available.

NSW

ACT

VIC

QLD

SA

WA

NT

TAS