Why use this calculator
Stamp duty (transfer duty) is one of the largest upfront costs when buying property in Australia, often running into tens of thousands of dollars. This calculator provides state-specific estimates so you can accurately budget for your property purchase. First home buyers may be eligible for significant concessions or exemptions, which this calculator also factors in.
How to use it
Enter the property purchase price, select your state, and indicate whether you are a first home buyer. The calculator applies the relevant state-based duty scales and any applicable first home buyer concessions to estimate your stamp duty liability.
The formula
Each state uses a tiered rate structure where different portions of the property price are taxed at increasing rates. First home buyer concessions vary by state: NSW offers full exemption up to $800,000, VIC up to $600,000, QLD up to $500,000, and other states have their own thresholds.
Worked examples
$500,000 property in NSW, not first home buyer
Estimated stamp duty of approximately $17,000-$18,000
$600,000 property in VIC, first home buyer
Full stamp duty exemption applies (under $600,000 threshold)
When people use it
- Budgeting for the total cost of a property purchase
- Comparing stamp duty across different states
- Determining first home buyer concession eligibility
- Planning savings targets that include stamp duty costs
Tips
- First home buyer concessions can save tens of thousands in stamp duty
- Some states offer additional concessions for new builds or off-the-plan purchases
- Stamp duty is typically due within 30-90 days of settlement depending on the state
- Consider stamp duty when comparing property prices across state borders
Questions people ask
- When is stamp duty payable?
- Stamp duty is generally payable at or shortly after settlement. In most states, you have 30 to 90 days from the date of the transaction to pay. Your conveyancer or solicitor typically handles the payment process.
- Can stamp duty be added to my mortgage?
- Some lenders allow you to capitalise (add) stamp duty onto your home loan, but this increases your loan amount and total interest paid over the life of the mortgage. It is generally better to pay stamp duty from savings if possible.
- Are these calculations exact?
- These are estimates based on approximate state duty scales. Actual stamp duty may vary due to additional surcharges (such as foreign buyer surcharges), concessions, or recent legislative changes. Always confirm with your state revenue office or conveyancer for exact figures.