Stamp Duty (Transfer Duty)
A$4,808
Est. Total Upfront Costs
A$8,608
Effective Duty Rate
2.56%
Stamp Duty Calculator — Property Purchase Price A$1,87,500
With property purchase price of A$1,87,500, the stamp duty (transfer duty) is A$4,808.
The contracted purchase price of the property
Stamp Duty (Transfer Duty)
AUD28,485
Est. Total Upfront Costs
AUD32,285
Effective Duty Rate
3.80%
NSW rates only. Stamp duty varies by state/territory. First home buyers in NSW are exempt from transfer duty on properties up to $800,000 (existing) or $1,000,000 (new homes) as of 2025-26. Annual property tax opt-in available for eligible purchases from July 2023.
What is the Stamp Duty Calculator?
Transfer duty (stamp duty) in NSW is levied on property purchases. The NSW government offers a full exemption for first home buyers purchasing eligible properties under $800,000, with a concessional rate up to $1,000,000. From July 2023, eligible buyers can opt into paying an annual property tax instead of upfront stamp duty. This calculator uses current NSW transfer duty rates.
Formula
NSW stamp duty is calculated using progressive bands. First home buyers under $800,000 pay $0. Otherwise: up to $16K: 1.25%; $16K–$35K: $200 + 1.5%; $35K–$93K: $485 + 1.75%; $93K–$351K: $1,500 + 3.5%; $351K–$1.168M: $10,530 + 4.5%; over $1.168M: $47,295 + 5.5%.- D
- = Transfer duty payable
- V
- = Property purchase price
- B_k
- = Base duty for bracket k
- L_k
- = Lower threshold of bracket k
- r_k
- = Marginal rate for bracket k
How to use the Stamp Duty Calculator
- 1
Step 1
Enter the contracted purchase price of the property.
- 2
Step 2
Select whether you are a first home buyer.
- 3
Step 3
Select the property type.
- 4
Step 4
Your stamp duty estimate will display instantly.
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Frequently asked questions
How much is stamp duty on a $700,000 property in NSW?
A first home buyer pays $0 on a $700,000 existing home in NSW. A non-first-home buyer pays approximately $25,305.
Can I avoid stamp duty as a first home buyer in NSW?
Yes. First home buyers in NSW are fully exempt from transfer duty on existing homes up to $800,000 and new homes up to $1,000,000. There are residency requirements.
Is stamp duty tax deductible in NSW?
Stamp duty on a principal residence is not tax-deductible. However, it forms part of the cost base for CGT purposes when you eventually sell. For investment properties, it may be deductible over time.
What is the NSW annual property tax alternative?
From July 2023, eligible first home buyers can opt to pay an annual property tax instead of upfront stamp duty. The tax is $400 + 0.3% of land value for owner-occupiers. This can benefit buyers who plan to sell within 5-7 years.
Sources
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Calculated with CalcCrack