How much is stamp duty on a $700,000 property in NSW?

Stamp duty on a $700,000 property in NSW is approximately $26,857 for an owner-occupier. First home buyers purchasing under $800,000 are exempt from stamp duty in NSW.

Do first home buyers pay stamp duty in Australia?

First home buyer stamp duty concessions vary by state. NSW: exempt up to $800k. VIC: exempt up to $600k. QLD: exempt up to $500k. WA: exempt up to $430k. Always confirm current thresholds with your state revenue office.

When do you pay stamp duty in Australia?

Stamp duty is paid at settlement — typically 30–90 days after signing the contract of sale. Your conveyancer or solicitor will organise payment on your behalf. You must have the funds available before settlement.

Is stamp duty the same in every Australian state?

No. Stamp duty rates and thresholds vary significantly between states and territories. NSW and VIC have the highest rates. QLD and WA have lower rates for most price ranges. This calculator shows the correct rate for each state.

Can stamp duty be added to my home loan?

In most cases, no. Stamp duty must be paid in cash at settlement and cannot be added to your mortgage. This is why it is important to budget for stamp duty as a separate upfront cost when saving your deposit.

How much is stamp duty in the ACT?

Eligible buyers in the ACT pay zero stamp duty regardless of property value through the Home Buyer Concession Scheme. The scheme is income-tested and available to any eligible buyer who will occupy the property as their principal place of residence, not just first home buyers.

Do first home buyers pay stamp duty in the ACT?

First home buyers in the ACT do not pay stamp duty if they qualify for the Home Buyer Concession Scheme. Unlike other states, the ACT scheme is not limited to first home buyers — any eligible buyer can receive the full exemption, provided they meet income thresholds and occupancy requirements.

What is the ACT Home Buyer Concession Scheme?

The ACT Home Buyer Concession Scheme is an income-tested program that provides a full stamp duty exemption on any property value for eligible buyers who will occupy the home as their principal place of residence. The ACT does not offer a First Home Owner Grant — the stamp duty exemption is the primary benefit.

What are the income limits for the ACT stamp duty exemption?

The ACT Home Buyer Concession Scheme income caps are approximately $160,000 per year for single applicants and $215,000 per year for couples or joint applicants. These thresholds are indexed annually. Your total gross income must not exceed the relevant cap in the financial year before purchase.

Stamp duty calculator — all Australian states 2026

Calculate stamp duty for every Australian state and territory in 2026. Includes first home buyer exemptions, FHOG grants, and total upfront cost estimate. Compare stamp duty across all states instantly. Free, no sign-up.