Stamp Duty - All Rate
Dutiable Value |
Duty Threshold |
Does not exceed $12,000 |
$1.00 for every $100 or part of $100 |
Exceeds $12,000 but not $30,000 |
$120 plus $2.00 for every $100 or part of $100
over $12,000
|
Exceeds $30,000 but not $50,000 |
$480 plus $3.00 for every $100 or part of $100
over $30,000
|
Exceeds $50,000 but not $100,000 |
$1,080 plus $3.50 for every $100 or part of $100
over $50,000
|
Exceeds $100,000 but not $200,000 |
$2,830 plus $4.00 for every $100 or part of $100
over $100,000
|
Exceeds $200,000 but not $250,000 |
$6,830 plus $4.25 for every $100 or part of $100
over $200,000
|
Exceeds $250,000 but not $300,000 |
$8,955 plus $4.75 for every $100 or part of $100
over $250,000
|
Exceeds $300,000 but not $500,000 |
$11,330 plus $5.00 for every $100 or part of $100
over $300,000
|
Exceeds $500,000 |
$21,330 plus $5.50 for every $100 or part of $100
over $500,000
|
Stamp Duty Relief - First Home Buyers:
First home buyer is eligible for the stamp duty relief, the relief may:
reduce the stamp duty to zero if the value of a new home is below $650,000 (or $400,000 for vacant land); or
partially reduce the stamp duty if the value of the new home is below $700,000 (or $450,000 for vacant land).
Stamp Duty - Foreign Purchaser:
From 1 January 2018, the foreign purchasers are required to pay a foreign ownership surcharge of 7% of the value of the interest in residential land.
Mortgage Registration Fee: from 1 July 2023: $187.00
Land Transfer Fee: from 1 July 2023:
Property Value |
Fee |
$0 - $5,000 |
$187.00 |
$5,000 - $20,000 |
$209.00 |
$20,000 - $40,000 |
$230.00 |
$40,000 - $50,000 |
$323.00 |
Above $50,000 |
$323.00 + 96.00 / 10000 |
First Home Owner Grant:
FHOG is $15,000 for first home owners who build or purchase a brand new home.