Stamp Duty Calculator

NSW New South Wales

• Standard rates: 1.25% to 7%
• FHB exemption: Up to $800,000
• FHB concession: $800,001 - $1,000,000
• Foreign surcharge: 8%

VIC Victoria

• Standard rates: 1.4% to 6.5%
• FHB exemption: Up to $600,000
• FHB concession: $600,001 - $750,000
• Foreign surcharge: 8%

QLD Queensland

• Standard rates: 1.5% to 5.75%
• FHB concession: Up to $700,000
• First Home Grant: $30,000 (new homes)
• Foreign surcharge: 8%

WA Western Australia

• Standard rates: 1.9% to 5.15%
• FHB exemption: Up to $430,000
• FHB concession: $430,001 - $530,000
• Foreign surcharge: 7%

SA South Australia

• Standard rates: 1% to 5.5%
• No stamp duty on new homes (limited time)
• Foreign surcharge: 7%
• First Home Grant: $15,000

TAS Tasmania

• Standard rates: 1.75% to 4.5%
• FHB discount: 50% off stamp duty
• Foreign surcharge: 8%
• First Home Grant: $30,000 (new homes)

ACT Australian Capital Territory

• Standard rates: 0.6% to 5.09%
• FHB exemption: Up to $1,000,000
• Foreign surcharge: 0.75%
• Phasing out stamp duty over time

NT Northern Territory

• Standard rates: 0% to 5.45%
• $0 stamp duty under $500,000
• No foreign surcharge
• First Home Grant: $10,000

How First Home Buyer Concessions Work

Most Australian states offer stamp duty exemptions or concessions for first home buyers. The eligibility criteria typically include:

• Never owned property before - You (and your partner) must not have previously owned residential property in Australia
• Property value threshold - The property must be under a certain value (varies by state)
• Residency requirement - You must live in the property as your principal place of residence
• Minimum occupancy period - Usually 6-12 months continuous residence
• Australian citizen or permanent resident - Some states have additional visa requirements

Example Savings by State

For a $650,000 property purchased by a first home buyer:

*Indicative figures only. Actual amounts depend on specific eligibility criteria.