Use this home loan calculator to find out the stamp duty you owe to your state or territory government when buying a property in Australia.
What is stamp duty?
Stamp duty is a tax imposed on legal documents, typically during property transactions. It is an upfront government fee you pay when you buy a home or land in Australia. Each state and territory sets its own rates, rules, and exemptions, so the amount you pay can vary depending on the territory where the property is located, the value of the property or land, whether it’s your first home, the type of property and if you qualify for concessions or exemptions.
How much stamp duty will I pay?
Since stamp duty is a fee owed to the state and territory governments, rates and thresholds differ across Australia. Although based mostly on the price paid or market value for your home or land, the final stamp duty payable can also depend on several factors. From the type of your property to the purpose of your purchase, whether it’s as an owner or investor, your eligibility also plays a crucial role in determining your cost.
When calculating stamp duty, begin by selecting your state or territory, as each has its own set of rules and exemptions. You’ll then need to provide a few key details to ensure your estimate is as accurate as possible. The questions will revolve around whether you’re a first home buyer, what the value of your property or land is, the type of property you’re buying, if you qualify for any concessions or discounts, and your annual income. After you’ve entered your information, the calculator will automatically generate a breakdown that includes the stamp duty payable, mortgage registration fees, transfer fees, and any applicable foreign buyer surcharges, your potential First Home Owner Grant (FHOG) or stamp duty exemptions if you qualify.
Is a stamp duty exemption possible?
Yes, stamp duty exemptions and concessions are available in Australia, but the rules and eligibility criteria differ from state to state. In general, exemptions or reduced stamp duty are most commonly available to first home buyers, pensioners or concession card holders, off-the-plan buyers, purchasers of newly built homes in some states, and primary residence buyers rather than investors.
When you use our stamp duty calculator, it will automatically check your state or territory criteria, determine if you’re eligible for an exemption and estimate how much you could save as a first-time buyer.
When do I pay stamp duty?
Stamp duty should be paid at or shortly after settlement, but the exact deadline depends on your state or territory.
State/Territory | Payment Due Date |
Australian Capital Territory (ACT) | Within 28 days of settlement |
New South Wales (NSW) | Within 3 months of settlement |
Northern Territory (NT) | Within 60 days of entering into a transaction or settlement |
Queensland (QLD) | Within 30 days of settlement |
South Australia (SA) | On settlement day. |
Tasmania (TAS) | Within 3 months of the property transfer, usually the settlement date |
Victoria (VIC) | Within 30 days of the property transfer, usually the settlement date |
Western Australia (WA) | Within 2 months of settlement |
