Stamp duty explained

What is stamp duty?

Stamp duty (or transfer duty) is a state-by-state tax that applies when you buy or acquire a property. Duty applies to properties bought for both owner-occupier and investment purposes. It also applies to properties that you receive as gifts or as part of trusts.

How to pay stamp duty

It’s an upfront cost, which means you need to consider the price of stamp duty when calculating how much you have for your house deposit. You can use our stamp duty calculator if you’re unsure how much stamp duty you’d need to pay. Your stamp duty payment will usually be made on your settlement day.

Stamp duty concessions and exemptions

Each state has its own concessions and exemptions, but there are some common ones that you may want to be aware of.

First home buyers

If you haven’t bought a home before, potential reductions in stamp duty may apply to you. Eligibility requirements and what type of reduction you receive will differ depending on your state.

You may also be eligible for the First Home Owners Grant (FHOG) alongside any stamp duty savings.

Off-the-plan purchases

Buying a property off-the-plan means purchasing before the property has physically been built. This can apply to buying and building on vacant land or buying within a larger complex that has yet to be built. These sorts of purchases can come with concessions on stamp duty and will depend on the dutiable value of the property. Eligibility will be specific to each state.

More information

For more information on how stamp duty applies in your specific state, please refer to your state’s website:

Australian Capital Territory

New South Wales

Northern Territory

Queensland

South Australia

Tasmania

Victoria

Western Australia

Stamp duty explained

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Stamp duty explained

Stamp duty explained

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