Stamp duty, officially known as transfer duty, is levied by NSW’s state revenue office on various transactions, most notably, the purchase or transfer of property in your name.
It’s a one-time fee, usually paid by the purchaser, and is due within three months of the property’s sale or transfer.
You can use the calculator to determine how much stamp duty you might need to pay in NSW.
How much is stamp duty when buying a house in NSW?
The NSW stamp duty rates are calculated based on the property’s sales price or current market value, whichever is higher. The rates are structured on a sliding scale, which means the higher the property’s value, the higher the stamp duty payable.
| Property Value ($) | Transfer Duty (Stamp Duty) Rates |
|---|---|
| $0 to $17,000 | $1.25 for every $100 (minimum $20) |
| $17,000 to $36,000 | $212 plus $1.50 for every $100 over $17,000 |
| $36,000 to $97,000 | $497 plus $1.75 for every $100 over $36,000 |
| $97,000 to $364,000 | $1,564 plus $3.50 for every $100 over $97,000 |
| $364,000 to $1,212,000 | $10,909 plus $4.50 for every $100 over $364,000 |
| Over $1,212,000 | $49,069 plus $5.50 for every $100 over $1,212,000 |
Source: Transfer duty | Revenue NSW
Now That You Know Your Stamp Duty, Get Pre-Approved For A Home Loan
Our mortgage experts can help you get pre-approved for a home loan so you are ready to buy a property in NSW.
Talk To Our ExpertsFAQs
How is stamp duty calculated in NSW?
The NSW stamp duty rates are calculated based on the property’s sales price or current market value, whichever is higher. The rates are structured on a sliding scale, which means the higher the property’s value, the higher the stamp duty payable.
When Is Stamp Duty Paid?
What stamp duty exemptions or concessions are available for first-home buyers in NSW?
When is stamp duty payable in NSW?
What Happens If Stamp Duty Isn’t Paid On Time?
What other costs should I consider besides stamp duty?
Still need answers? We're here to help!
Ask an expertOur team of mortgage experts will assist you within 24 hours.