Choice Home Loans

Mobile - Home page slider

You are not here

How much is stamp duty?

Find out how much extra you have to pay when buying a property in the following states.
 New South Wales (NSW)  Queensland (QLD)  Victoria (VIC)
 Northern Territory (NT)  Australian Capital Territory (ACT)  South Australia (SA)
 Western Australia (WA)  Tasmania (TAS)  

How does our calculator work? 

It is very straight forward and easy to use; simply enter your property value, property type, state of residence and whether or not you are a first home buyer. Our stamp duty calculator will then process your details and provide you with your extra cost as well as an easy to read graph.

Use our stamp duty calculator to work out how much you will have to pay in your state or contact your local Choice Consultant who would be happy to answer any of your questions.

What is stamp Duty?

When you purchase a new property you must pay a tax levy called stamp duty. This applies in all states varying slightly within each; most of them have recently implemented changes to their tax levy legiskation.

NSW Guidelines

This cost exists on any sale or transfer of a property which the purchaser is liable to pay, there are a range of brackets that exist in NSW to determine the payment. The most common bracket is that of a purchase between $300,000 - $1M where the buyer pays $8,990 plus $4.50 for every $100, that the value exceeds $300,000.

Victoria Guidelines

In Victoria this is charged on a range of things such as the transfer of land, motor vehicles and livestock sales. The Duties Act usually requires that people pay their duty within 30 days of the purchase or transfer.

QLD Guidelines

Queensland's rates also vary to that from any other states, existing on similar transactions such as property and vehicle registration and when purchasing land or property between $75,000 -$540,000 you can expect to pay something like $1,050 plus $3.50 for each $100, or part of $100, by which the dutiable value is more than $75,000.

Check out other relevant services & tools:

Personal Mortgage Broker
Find a No Deposit Home Loan
Online Home Loan Calculator
Online Interest Calculator
Online Home Loan Rates

Book a free appointment today