Stamp Duty Calculator
How much stamp duty will you pay?
Stamp duty is one of the biggest upfront costs of buying property and one of the most commonly underestimated. Use this calculator to get an estimate based on your state and purchase price.
How does it work?
Stamp duty (also called transfer duty in some states) is a government tax charged on property purchases. The amount varies significantly between states and territories and is calculated as a percentage of the purchase price, with higher rates applying to higher price brackets. Many states offer concessions or full exemptions for first home buyers, and new builds are often treated differently to established homes. The calculator below gives you an estimate based on your state and property value.
The calculator has been provided in good faith as a guidance tool only. Results are not financial advice, are a guide only, and are not a guaranteed outcome or quote. Borrowers should always discuss their individual situation with an Australian Credit Licensee or authorised Credit Representative.
What determines how much stamp duty you pay?
Which state or territory you are buying in
Stamp duty rates vary dramatically between states. What you pay in Queensland looks very different to what you pay in New South Wales or Victoria. Always use the correct state when running your estimate.
The purchase price
Stamp duty is calculated on a tiered scale. The higher the purchase price, the higher the effective rate. Buying just above a threshold can mean a noticeably higher stamp duty than buying just below it.
Whether you are a first home buyer
Most states offer stamp duty concessions or full exemptions for first home buyers up to certain price thresholds. These can represent significant savings, sometimes tens of thousands of dollars.
Whether it is a new build or an established home
Some states apply different stamp duty rates or offer additional concessions for new builds. In some cases, new builds attract no stamp duty at all for eligible buyers.
Whether the property is for owner-occupier or investment
Investor purchases are generally not eligible for first home buyer concessions, even if it is the buyer's first property purchase.
Ways to reduce your stamp duty
• Check your eligibility for first home buyer concessions in your state before assuming full stamp duty applies.
• Consider whether a new build suits your goals, since new builds attract better concessions in some states.
• Be aware of the price thresholds for concessions in your state and factor them into your property search budget.
• Budget for stamp duty as a separate cost on top of your deposit. It cannot usually be added to your home loan.
• In some states, vacant land purchases attract lower stamp duty than established homes. Worth knowing if you are considering a build.
Stamp duty questions we get asked a lot:
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Generally no. Stamp duty is an upfront cost that needs to be paid from your own funds, separate to your deposit. Some lenders may allow you to borrow a higher amount to cover this expense in certain loan structures but this is not standard practice and can affect your LVR and LMI position.
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Stamp duty is typically due at or before settlement. Your conveyancer or solicitor will confirm the exact timing and process for your state.
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Yes. Investors are generally not eligible for first home buyer concessions even if it is their first purchase. Full stamp duty applies in most cases. Factor this into your investment calculations.
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It depends on your state. Some states charge stamp duty on the land value only (not the build cost) for new builds. Others offer full exemptions for eligible first home buyers building new. Check the rules for your specific state.
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Generally no. Stamp duty on mortgages was abolished in most Australian states and territories. Stamp duty applies to the property transfer, not to the home loan itself.
Not sure how stamp duty fits your budget?
Book a discovery call and we will help you map out all your upfront costs so there are no surprises at settlement.