Australia Stamp Duty Calculator (Transfer Duty Tax, All States)

About the Australia Stamp Duty Calculator (Transfer Duty Tax, All States)

Stamp duty — called transfer duty, land transfer duty or conveyance duty depending on the state — is charged by the state or territory when you buy land or a home. Each has its own sliding scale and its own concessions for first home buyers and people buying a home to live in, and most add a surcharge for foreign purchasers.

Choose the state, enter the price (or the market value, if that is higher) and say what you are buying: the calculator applies that state’s scale, the concession you qualify for and any foreign purchaser surcharge, shows how each amount was worked out, and compares the same purchase across all eight states and territories. Every scale links its revenue office, and nothing you type leaves your browser.

New South Wales

Transfer duty runs from $1.25 per $100 (minimum $20) to $5.50 per $100 above $1,290,000, and premium duty of $7.00 per $100 applies to residential property above $3,870,000. The thresholds rise with CPI each year, and the rate year is set by the contract date (Revenue NSW, past rates).

First home buyers pay no duty on a home up to $800,000 or vacant land up to $350,000, and a reduced amount on a home under $1 million or land under $450,000 (First Home Buyers Assistance Scheme). The reduction follows section 78A of the Duties Act: normal duty − (($1,000,000 − value) ÷ $200,000 × the duty on $800,000), and the same with $450,000, $100,000 and $350,000 for land. Foreign persons pay 9% surcharge purchaser duty on residential property.

Victoria

Land transfer duty is 1.4% up to $25,000, then $350 + 2.4%, $2,870 + 6% from $130,000, 5.5% of the whole value from $960,000 and $110,000 + 6.5% above $2 million (SRO). A home you will live in valued up to $550,000 gets the principal place of residence rates (SRO). First home buyers pay nothing up to $600,000 and a reduced amount to $750,000: the normal duty × (value − $600,000) ÷ $150,000 (SRO, Duties Act s 57JA). Foreign purchaser additional duty is 8% (SRO). Commercial and industrial property is moving to an annual commercial and industrial property tax, and a property that has already entered that reform can be exempt from land transfer duty when it changes hands (SRO).

Queensland

Transfer duty is nil up to $5,000, then $1.50 per $100 to $75,000, $3.50, $4.50 and $5.75 per $100 above $1 million; buying a home to live in, the lower home concession rates apply (QRO, home concession rates). First home buyers of an established home get a further concession of up to $17,350 below $800,000; a first home that is a new home, or vacant land to build one, pays no transfer duty at any price. Additional foreign acquirer duty is 8%.

Western Australia, South Australia and Tasmania

Western Australia: $1.90 per $100 up to $120,000, rising to $28,453 + $5.15 per $100 above $725,000; a home or business asset up to $200,000 pays the concessional rate, and first home owners pay nothing on a home up to $600,000 (land $450,000) and a reduced rate to $800,000 (land $550,000). Foreign transfer duty is 7% (RevenueWA, foreign buyers duty).

South Australia: $1 per $100 up to $12,000, rising to $21,330 + $5.50 per $100 above $500,000, on residential and primary production land (RevenueSA). Transfers of qualifying land — land used for other purposes, such as commercial or industrial land — pay no duty (RevenueSA). First home buyers of a new home, an off-the-plan apartment or land to build on get full relief with no price cap; established homes do not qualify (RevenueSA). The 7% foreign ownership surcharge is not relieved (RevenueSA).

Tasmania: $50 up to $3,000, then $1.75 per $100, rising to $27,810 + $4.50 per $100 above $725,000 (SRO Tasmania). The exemption for first home buyers of established homes has ended (SRO). The foreign investor duty surcharge is 8% on residential property (SRO).

ACT and Northern Territory

Australian Capital Territory: eligible owner-occupiers pay $0.28 per $100 up to $260,000 rising to $6.40 per $100, and other buyers $1.20 to $6.40 per $100; above $1,455,000 everyone pays $4.54 per $100 of the whole value (ACT Revenue Office, duty determination). Commercial property pays nothing up to $2.1 million and 5% of the whole value above. Under the Home Buyer Concession Scheme, buyers who have not held an interest in land in the last 5 years and will live in the home pay no duty (determination). There is no foreign purchaser duty.

Northern Territory: duty on a value up to $525,000 is D = 0.06571441 × V² + 15 × V, where V is the value in thousands; then 4.95% of the value, 5.75% from $3 million and 5.95% from $5 million (Stamp Duty Act). A new detached home and its land bought in one contract from a building contractor is exempt under the House and Land Package Exemption, with no value cap, if one buyer lives in it within 12 months of completion for at least 6 months (NT Government). There is no foreign purchaser duty.

Limitations

• Concession eligibility has more conditions than the calculator asks about — residence periods, previous ownership, citizenship or residency, and income or value tests for some schemes. Check the revenue office’s rules before you rely on a concession.
• Off-the-plan concessions, pensioner and seniors downsizing concessions, family farm and other special exemptions are not modelled.
• A purchase in shares (for example with a foreign co-buyer), a property partly used for business, or land over 2 hectares in New South Wales is assessed differently.
• Farmland (primary production land) has its own rules in several states and is not modelled; in South Australia, for example, it pays the normal rates, unlike commercial land.
• Land titles registration fees and mortgage registration fees are extra.
• NSW thresholds are built in for the current and previous rate years; the other states’ scales are their current ones.

Privacy

Everything happens in your browser. What you enter or open here is not uploaded or stored by MySmartCoPilot.