Stamp Duty Calculator
Calculate how much stamp duty you’ll pay when buying property in any Australian state or territory. This calculator uses current rates and includes concessions for first home buyers where applicable.
How to Use This Calculator
1. Enter the property price – The purchase price or property value.
2. Select your state or territory – Stamp duty rates vary significantly by location.
3. Indicate if you’re a first home buyer – Many states offer concessions or exemptions.
4. Specify if it’s an investment property – This affects eligibility for concessions.
FAQs
Stamp Duty Questions
What is stamp duty and why do I have to pay it?
Stamp duty (also called transfer duty) is a state government tax on property purchases. It’s a significant upfront cost that must be paid when you buy a property. The amount varies based on the property price, state/territory, and whether you’re a first home buyer or investor.
Are there stamp duty exemptions for first home buyers?
Yes, most states offer stamp duty concessions or exemptions for first home buyers, often up to certain property value thresholds. NSW, VIC, QLD, and other states have different schemes. Check the specific eligibility criteria for your state, as they can include residency requirements and property price caps.
Do I pay more stamp duty on investment properties?
In some states, investor purchasers don’t qualify for the concessions available to owner-occupiers. Additionally, foreign investors typically pay a surcharge on top of standard stamp duty rates. The calculator accounts for these differences.
When do I need to pay stamp duty?
Stamp duty is typically due within 30-90 days of settlement, depending on your state. Some states require payment before settlement. Your conveyancer or solicitor will advise on the exact timing and handle the payment process.
Can I add stamp duty to my home loan?
Generally no, most lenders don’t allow stamp duty to be included in your home loan. You’ll need to have the stamp duty amount available in addition to your deposit. Some first home buyer schemes may offer stamp duty assistance.