View Full Version: Stamp Duty On Property Purchase

Diamond Aussie Forums > Australian General Information Pages > Stamp Duty On Property Purchase



Title: Stamp Duty On Property Purchase


ABCDiamond - July 10, 2004 07:55 AM (GMT)
Here is a good Stamp Duty Calculator with rates shown for each Australian State

http://www.vargon.com.au/otherCalculators.cfm?ocId=2

These rates do NOT show the discount for First Home Buyers, but this can be obtained by ringing the correct telephone number for the State Revenue Office, shown against each State, at that link.


More info at http://www.britzinoz.com/info/buyingahouse.htm

ABCDiamond - June 26, 2006 05:28 AM (GMT)
Stamp Duty

Stamp Duty Offices are located in each State, as different rates are levied in each State:

ACT ACT Revenue Office Internet: http://www.revenue.act.gov.au/hbc_1jul05.html

NSW NSW Office of State Revenue Internet: http://www.osr.nsw.gov.au

NT Territory Revenue Management Internet: http://www.nt.gov.au/ntt/revenue

QLD Queensland Office of State Revenue Internet: http://www.osr.qld.gov.au

SA Revenue SA Internet: http://www.revenuesa.sa.gov.au

TAS State Revenue Office Tasmania Internet: http://www.treasury.tas.gov.au

VIC State Revenue Office of Victoria Internet: http://www.sro.vic.gov.au

WA Office of State Revenue Western Australia http://www.osr.wa.gov.au

Stamp Duty Calculator at: http://www.yourmortgage.com.au/calculators/stamp_duty/



An "indication" of standard Government Fees covering Stamp Duty, Mortgage Registration Fee, Transfer Fee, and Stamp Duty on Mortgage, as at Nov 2005, based on an example of a $300,000 property, with a $150,000 mortgage.

QLD - $ 3,813.80
NSW - $ 9,685.50
ACT - $ 9,748.00
TAS - $10,281.50
NT - $10,830.00
WA - $11,285.00
SA - $13,010.00
VIC - $14,536.20



Stamp Duty Concessions for First Home Buyers

First Home buyers are offered discounts on Stamp Duty for their first residential purchase, in most States. Conditions and rates are different for each State, and are liable to changes. Example currently include:

NSW - No stamp duty on your first residential property in NSW if it is less than $500,000

QLD - No duty applies to the purchase of their home up to $250,000

SA - First home purchases up to $80,000 will continue to receive a full concession

VIC - With the introduction of the First Home Bonus (FHB), the exemption and concession from duty for eligible first home owners with families under sections 62 and 63 of the Duties Act 2000 (Victoria) has been suspended for the period of operation of the $5,000 First Home Bonus (FHB). Source

WA - NO stamp duty on your first residential property if it is less than $250,000

ACT - To be eligible for a duty concession, an income test must be satisfied.

The above are valid as at Nov 2005, and may be subject to conditions. Please read the relevant websites




Hosted for free by InvisionFree