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:
$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.
$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.
$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.
$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.
$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.
$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.