What is Transfer Duty (Stamp Duty)?

When purchasing a home, land or investment property the most expensive fee will be your Transfer Duty or Stamp Duty. Transfer Duty is a property transaction tax, charged by the state government on the sale of a property and covers the cost of transferring the ownership and changing the title of the property. You are legally required to pay  Transfer Duty within 30 days of settlement of the property.

How much is Transfer Duty?

The amount of Transfer Duty your property will attract varies by state and will depend on the type of property, the value of the property and if it’s your primary residence. Individuals meeting certain criteria may qualify for a Transfer Duty exemption or concession.

Calculate your Transfer Duty using our Transfer Duty (Stamp Duty) calculator

The government will also change a mortgage registration fee and a transfer registration fee. We have outlined these fees below for each state, however we advise that you visit your state revenue office website for current information or talk to your ACA Mortgage Broker.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $600,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$12,850
Mortgage Registration Fee$197
Transfer Fee$1,751
Total Government Fees$14,798

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


Concessions

In Queensland Transfer Duty  (Stamp Duty) concessions are available if:

  1. You purchase a home and it’s your principal place of residence.
  2. You are buying your first home and the property value is less than $500,000.
  3. You are purchasing vacant land under $400,000 to build your first home.

Please talk to your ACA Mortgage Broker for more information about concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $800,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$31,207
Mortgage Registration Fee$147.70
Transfer Fee$147.70
Total Government Fees$31,502.40

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


From 1 August 2021 thresholds will revert to the previous thresholds.

Exemptions

In News South Wales Transfer Duty (Stamp Duty) exemptions are available for First Home Buyers if:

  1. You are buying a new home or existing homes with a value less than $650,000
  2. You are buying vacant land valued up to $350,000

Concessions

In News South Wales Transfer Duty (Stamp Duty) concessions are available if:

  1. You are buying a new and existing homes with a value between $650,000 – $800,000
  2. You are buying land value between $350,000 – $450,000

Please talk to your ACA Mortgage Broker for more information about exemptions and concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $600,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$0
Mortgage Registration Fee$155
Transfer Fee$416
Total Government Fees$571

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


As of 1st July 2019

Concessions

In Australian Capital Territory Transfer Duty (Stamp Duty) concessions are available for new properties for transactions from 1 July 2019.

  1. Scheme applies to vacant residential land, new and established homes at any purchase value
  2. Combined buyers must satisfy the total gross income test.
  3. One buy the property must be the principal place of residence for 12 months

Please talk to your ACA Mortgage Broker for more information about concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $650,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$11,357
Mortgage Registration Fee$112.40
Transfer Fee$1,612
Total Government Fees$13,081.40

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


As of 1st July 2017

Exemptions

In Victoria Transfer Duty (Stamp Duty) exemptions are available for First Home Buyers if:

  1. You are buying a new home or existing homes with a duty value less than $600,000
  2. You must also meet the First Home Owner Grant eligibility criteria.

Concessions

In Victoria Transfer Duty (Stamp Duty) concessions are available if:

  1. You purchase a home valued between $600,001 – $750,000 as your principal place of residence.
  2. You are and eligible Pensioner and purchase a new or established home valued up to $750,000.

Please talk to your ACA Mortgage Broker for more information about concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $600,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$22,497.50
Mortgage Registration Fee$141.07
Transfer Fee$216.15
Total Government Fees$22,854.72

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


As of 16 March 2021

Concessions

In Tasmania Transfer Duty (Stamp Duty) concessions are available if:

  1. A 50 per cent (50%) discount on property transfer duty for first home buyers of established homes, as their principal place of residence.
  2. Purchase an established home in Tasmania between 16 March 2021 and 30 June 2022 that does not exceed $500,000

Please talk to your ACA Mortgage Broker for more information about concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $600,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$26,830
Mortgage Registration Fee$176
Transfer Fee$5,225.50
Total Government Fees$32,231.50

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


As of 1st July 2018

Concessions

Currently in South Australia Transfer Duty there are no concessions or exemptions available.

  1. The off-the-plan apartment concession ended 30 June 2018.

Please talk to your ACA Mortgage Broker for more information about concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $600,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$22,515
Mortgage Registration Fee$181.30
Transfer Fee$291.30
Total Government Fees$22,987.60

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


As of 15 Sept 2021

Concessions

In Western Australia duty concessions are available for First Home Buyers if:

  1. You are buying a new home with a value less than $530,000
  2. You are buying vacant land valued up to $400,000

Please talk to your ACA Mortgage Broker for more information about exemptions and concession which may be available to your specific circumstances.

Transfer Duty (Stamp Duty) and Fees

Based on a first home buyer with a property value of $600,000, purchasing a new home as a primary residence.

Government Fees
Stamp Duty on the Property$29,700
Mortgage Registration Fee$152
Transfer Fee$152
Total Government Fees$30,004

Use our Transfer Duty (Stamp Duty) Calculator to adjust the inputs to suit your specific circumstances.


As of 1st July 2021

Concessions

In Northern Territory duty , currently there are no concessions or exemptions available.

Please talk to your ACA Mortgage Broker for more information about concession which may be available to your specific circumstances.