Australia Stamp Duty Calculator 2024
Calculate stamp duty (transfer duty) on property purchases across all Australian states — includes first home buyer concessions for NSW and VIC.
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How to use this calculator
- 1
Enter the property purchase price in Australian dollars.
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Select your state or territory — stamp duty rates vary significantly across Australia.
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Choose your buyer type: first home buyers in NSW and VIC may qualify for exemptions or concessions.
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Note: rates shown are for residential property. Commercial and vacant land may have different rates.
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Always confirm exact duty with a solicitor or the relevant state revenue office before settlement.
Frequently asked questions
How much is stamp duty in Australia?
Stamp duty varies widely by state and property price. On a $750,000 property in NSW, standard stamp duty is approximately $29,085 (roughly 3.9%). In VIC on the same property, it would be approximately $40,070 (5.3%). Queensland charges around $24,525 (3.3%) on $750,000. These differences make stamp duty a major consideration for interstate movers. First home buyers can receive full or partial exemptions in most states up to certain price caps.
What stamp duty concessions are available for first home buyers?
First home buyers receive significant concessions in most Australian states. In NSW, first home buyers are fully exempt from stamp duty on properties up to $800,000 (existing and new homes), with a partial concession between $800,001 and $1,000,000. In Victoria, the exemption applies to homes up to $600,000, with a concession to $750,000. Queensland offers a first home concession reducing duty for homes up to $700,000. Western Australia offers a first home owner rate of duty for homes up to $430,000. These thresholds and rules change periodically, so always check with the state revenue office.
When do you pay stamp duty in Australia?
Stamp duty is typically paid at settlement — the date you take legal ownership of the property. However, in some states you may have up to 30 days after the contract is signed to pay. In most cases your solicitor or conveyancer will arrange payment of stamp duty as part of the settlement process. Budget for stamp duty as an upfront cost: it must be paid in cash (it cannot be added to your home loan, though some lenders will capitalise it if LVR allows).
Is stamp duty tax deductible in Australia?
For owner-occupiers purchasing their home, stamp duty is not tax deductible. For investment properties, stamp duty forms part of the cost base of the property and can reduce your capital gain when you sell, but it is not immediately deductible. Investors cannot claim stamp duty as a rental deduction in the year of purchase. Always discuss your specific situation with a tax professional.
Australia Stamp Duty Calculator 2024 — All States & First Home Buyer Concessions
How stamp duty works across Australia
Stamp duty (formally called transfer duty or land transfer duty) is a state and territory government tax on property purchases. Each of Australia's eight states and territories sets its own rates, thresholds, and concessions — meaning the same property price can attract very different duty amounts depending on location. NSW and Victoria are generally the highest-duty states due to high property prices and progressive rate structures. The ACT has moved toward a more nuanced system that also includes a land value tax component. Stamp duty is one of the largest upfront costs in a property transaction, often second only to the deposit itself, and must be factored into your purchasing budget well in advance of settlement.
State-by-state first home buyer concessions
Every Australian state and territory offers stamp duty concessions, exemptions, or grants to first home buyers, though the details differ significantly. New South Wales provides a full exemption on duty for first home buyers purchasing properties valued up to $800,000 — saving up to approximately $31,000. Victoria exempts first home buyers on properties up to $600,000 and provides a concession up to $750,000. Queensland, Western Australia, South Australia, and Tasmania all offer their own variants of first home buyer duty relief. In addition to stamp duty concessions, most states offer a First Home Owner Grant (FHOG) of $10,000–$30,000 for eligible new home purchases. Use this calculator as a guide and confirm current eligibility rules with the relevant state revenue office, as thresholds and conditions are updated regularly.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →