Stamp Duty

Last Reviewed

01/01/2013

Federal Government - First Home Owner Grant

First owners grant of $7,000.

from 1 Jan 2010 - Purchase limit $700,000.

Federal Government - First Home Owner Boost

as from 1 Jan 2010 no longer applies.

1 Oct 2009 and 31 Dec 2009 - existing homes grant $3,500, newly constructed homes $7,000.

14 Oct 2008 and 30 Sep 2009 - existing homes grant $7,000, newly constructed homes $14,000.

Stamp Duty Rates - ACT

Latest Rates

Residential/Non Residential - on and after 6 June 2012

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $200,000

2.40%

$ 200,001 to $300,000

$4,800 plus 3.75% > $200,000

$ 300,001 to $500,000

$8,550 plus 4.75% > $300,000

$ 500,001 to $750,000

$18,050 plus 5.50% > $500,000

$ 750,001 to $1,000,000

$31,800 plus 6.50% > $750,000

$ 1,000,001 and >

$48,050 plus 7.25% > $1,000,000

First home buyer - 6 Jun 2012 to 31 Dec 2012

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $385,000

$20 plus 0%

$ 385,001 to $450,000

$0 plus 24.10% > $385,000

No concessional rates on $450,000 or more.

Dutiable value rounded up by $100 when multiplied by %.

Stamp Duty Rates - NSW

Latest Rates

Residential/Non Residential on and after 1 Jul 2008

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $14,000

1.25%

$ 14,001 to $30,000

$175 plus 1.50% > $14,000

$ 30,001 to $80,000

$415 plus 1.75% > $30,000

$ 80,001 to $300,000

$1,290 plus 3.50% > $80,000

$ 300,001 to $1,000,000

$8,990 plus 4.50% > $300,000

$ 1,000,001 to $3,000,000

$40,490 plus 5.50% > $1,000,000

$ 3,000,001 and >

$150,490 plus 7.00% > $3,000,000

Dutiable value rounded up by $100 when multiplied by %.

First Home Plus

Amount of concession for first home owners.

1 May 2007 and after

Property Value

Concession

up to $500,000

Exempt from stamp duty

$500,000 to $600,000

Normal stamp duty less ((property value * 0.2249) - 112,450)

over $600,000

No concession

Stamp Duty Rates - NT

Latest Rates

Residential/Non Residential - on and after 1 Jul 2011

Dutiable Rate Range

Stamp Duty Rate

Under 525000, Duty = (0.06571441 x V x V ) + 15V where V=Dutiable Value/1000.

$ 525,001 to $3,000,000

$25,988 plus 4.95% > $525,000

$ 3,000,001 and >

$163,500 plus 5.45% > $3,000,000

Principal Place of Residence Maximum Rebate

Amount of rebate for first home owners

Contract Date

Maximum Rebate

4 May 2010 and after

$3,500

20 Jun 2005 to 3 May 2010

$2,500

20 Aug 2002 to 19 Jun 2005

$1,500

First Home Owner Concession

Amount of concession for first home owners - Maximum property value $750,000

Contract Date

Maximum Concession

Property Max Value

4 May 2010 and after

$26,730.00

$540,000

6 May 2008 to 3 May 2010

$15,515.50

$385,000

1 May 2007 to 5 May 2008

$15,312.50

$350,000

20 Jun 2005 to 30 Apr 2007

$8,015.60

$225,000

03 May 2005 to 19 Jun 2005

$6,800.00

$200,000

20 Aug 2002 to 02 May 2005

$3,640.60

$125,000

Stamp Duty Rates - QLD

Latest Rates

Residential - From 1 Jul 2012

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $350,000

1.00%

$ 350,001 to $540,000

$3,500 plus 3.50% > $350,000

$ 540,001 to $980,000

$10,150 plus 4.50% > $540,000

$ 980,001 and >

$29,950 plus 5.25% > $980,000

Non Residential - From 1 Jul 2012

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $5,000

0%

$ 5,001 to $75,000

$0 plus 1.50% > $5,000

$ 75,001 to $540,000

$1,050 plus 3.50% > $75,000

$ 540,001 to $980,000

$17,325 plus 4.50% > $540,000

$ 980,001 and >

$37,125 plus 5.25% > $980,000

First Home Concession From 1 Jul 2012

Amount of concession for first home owners:

Purchase price/value

Concession

Under $505,000

$8,750

$505,000 to under $510,000

$7,875

$510,000 to under $515,000

$7,000

$515,000 to under $520,000

$6,125

$520,000 to under $525,000

$5,250

$525,000 to under $530,000

$4,375

$530,000 to under $535,000

$3,500

$535,000 to under $540,000

$2,625

$540,000 to under $545,000

$1,750

$545,000 to under $550,000

$875

$550,000 and over

Nil

Dutiable value rounded up by $100 when multiplied by %.

Stamp Duty Rates - SA

Latest Rates

Effective on and after 1 Jan 2005

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $12,000

1.00%

$ 12,001 to $30,000

$120 plus 2.00% > $12,000

$ 30,001 to $50,000

$480 plus 3.00% > $30,000

$ 50,001 to $100,000

$1,080 plus 3.50% > $50,000

$ 100,001 to $200,000

$2,830 plus 4.00% > $100,000

$ 200,001 to $250,000

$6,830 plus 4.25% > $200,000

$ 250,001 to $300,000

$8,955 plus 4.75% > $250,000

$ 300,001 to $500,000

$11,330 plus 5.00% > $300,000

$ 500,001 and >

$21,330 plus 5.50% > $500,000

Dutiable value rounded up by $100 when multiplied by %.

First Home Bonus Grant

from 17 Sep 2010 grant of up to $8,000

from 5 Jun 2008 grant of up to $4,000

Max applies only to property value up to $400,000 and then phases out at cut-off of $450,000. Between $400,000 and $450,000 grant is reduced by $16 for each $100 of property value over $400,000.

Stamp Duty Rates - TAS

Latest Rates

Effective on and after 1 Oct 2012

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $1,300

$20 plus 0%

$ 1,301 to $25,000

$20 plus 1.75% > $1,300

$ 25,001 to $75,000

$435 plus 2.25% > $25,000

$ 75,001 to $200,000

$1,560 plus 3.50% > $75,000

$ 200,001 to $375,000

$5,935 plus 4.00% > $200,000

$ 375,001 to $725,000

$12,935 plus 4.25% > $375,000

$ 725,001 and >

$27,810 plus 4.50% > $725,000

Dutiable value rounded up by $100 when multiplied by %.

First Home Owner Concession - on or after 20 May 2004

Amount of concession for first home owners:

Property Value

Maximum Concession

Up $350,000

$4,000

Over $350,000

Nil

Stamp Duty Rates - VIC

Latest Rates

Principal Residence - on and after 6 May 2008

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $25,000

1.40%

$ 25,001 to $130,000

$350 plus 2.40% > $25,000

$ 130,001 to $440,000

$2,870 plus 5.00% > $130,000

$ 440,001 to $550,000

$18,370 plus 6.00% > $440,000

$ 550,001 to $960,000

$28,070 plus 6.00% > $550,000

$ 960,001 and >

$52,800 plus 5.50% > $960,000

First Home Bonus

From 1 Jul 2010 new home grant of $13,000, new home in regional location additional bonus $6500 - Purchase limit $600,000.

From 1 Jul 2009 new home grant of $11,000, $2000 for existing home, new home in regional location additional bonus $4500 - Purchase limit $600,000.

From 1 Jul 2007 new home grant of $5,000, $3000 for existing home, new home in regional location additional bonus $3000 (after 6 May 2008) - Purchase limit $500,000.

Stamp Duty Rates - WA

Latest Rates

General - Effective on and after 1 Jul 2008

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $80,000

1.90%

$ 80,001 to $100,000

$1,520 plus 2.85% > $80,000

$ 100,001 to $250,000

$2,090 plus 3.80% > $100,000

$ 250,001 to $500,000

$7,790 plus 4.75% > $250,000

$ 500,001 and >

$19,665 plus 5.15% > $500,000

Residential - Effective on and after 1 Jul 2008

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $120,000

1.90%

$ 120,001 to $150,000

$2,280 plus 2.85% > $120,000

$ 150,001 to $360,000

$3,135 plus 3.80% > $150,000

$ 360,001 to $725,000

$11,115 plus 4.75% > $360,000

$ 725,001 and >

$28,453 plus 5.15% > $725,000

First home owner - Effective on and after 1 Jul 2008

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $500,000

0%

$ 500,001 to $600,000

22.51% > $500,000

First home owner vacant land - 1 Jul 2008

Dutiable Rate Range

Stamp Duty Rate

$ 0 to $300,000

0%

$ 300,001 to $400,000

13.01% > $300,000

Land only stamp initially calculated at general rate until house built when refund available.

Dutiable value rounded up by $100 when multiplied by %.