Stamp Duty calculator

Home / All calculators / Stamp Duty calculator

Stamp Duty Calculator

Are you up to speed with stamp duty in Australia? Every state and territory Downunder possesses its own stamp duty rates and regulations.

Depending on your circumstances, your stamp duty could cost you tens of thousands of dollars. Although, first-home buyers are in a prime position and can usually obtain an exemption or concession from paying stamp duty. Once again, this varies accordion to your state or territory.

As an Australian Expat, would you expect to pay more stamp duty than a resident Aussie? Well, providing you are an Australian citizen, you are at no disadvantage! You can still apply for exemptions as a first home buyer, in addition to government grants and incentives.

Stamp duty must be paid within a certain window, typically between 30 days to 60 days from the date of sale completion. It is important to pay your stamp duty on time as fines may be applicable for late or missed taxes.

Do you know how much you will need to pay when buying an Aussie home? Are you eligible for any concessions or exemptions?

Find out how much stamp duty you need to pay using Odin Mortgage’s stamp duty calculator today!

What Is Stamp Duty?

Stamp duty is a tax that you must pay when you buy a property in Australia. Many countries across the world require homebuyers to pay for stamp duty, also known as transfer duty.

However, Australia is unique in the way stamp duty rules vary from state to territory. Each local government decides how much stamp duty is payable and who benefits from discounts.

It can be difficult to know how much stamp duty you need to pay in Australia when you are an Aussie resident. However, as an Australian Expat or foreign national, you may be understandably clueless!

How Much Stamp Duty Do I Need To Pay?

The total stamp duty you need to pay depends on the value of the property and the state or territory the property is located. Use Odin Mortgage’s Stamp Duty Calculator to receive an accurate stamp duty fee for your own personal circumstance.

However, here are the latest stamp duty rates for each Aussie state or territory:

State/Territory

   Stamp Duty Rates

Western Australia

  • $11,115 flat fee for property valued between $360,001 to $725,000.
  • Plus $4.75 per $100 valued over the $360,000 mark.

Queensland

  • $17,325 flat fee for properties $540,000 to $1,000,000
  • Plus $4.50 for every $100 above $540,000

Victoria

  • $2,870 flat fee
  • Plus 6% property values over $130,000.
  • 5.5% rate for property values over $960,000

Northern Territory

  • 4.95% for a properties valued at $525,001 to $3,000,000.

Southern Australia

  • $21,330 flat fee for property values over $500,000
  • Plus $5.50 for every $100 value above $500,000

Tasmania

  • $12,935 flat fee plus $4.25 for every $100 value over $375,000.

Australian Capital Territory

  • $11,400 flat fee for properties between $500,001 to $750,000
  • Plus $4.32 for every $100 of value.

New South Wales

  • $9,285 flat fee
  • Plus $4.50 for every $100 over $310,000 

When Will I Need to Pay Stamp Duty?

Stamp duty must be paid when you have bought a property or vacant land in Australia. This applies when you are buying a residential property, an investment property, or vacant land.

You will be given a certain number of days after the settlement date to pay the stamp duty fee. 

However, states and territories also handle this procedure differently with fees payable on varying dates. 

Here is the amount of time each state or territory will allow you to pay your stamp duty:

  • Western Australia – Pay 60 days after the settlement date.
  • Queensland – Pay 30 days after the settlement date.
  • Victoria – Pay 30 days from the settlement date.
  • Northern Territory – Pay 60 days from the settlement date.
  • Southern Australia – Pay on the day of settlement.
  • Tasmania – Pay 90 days from the settlement date.
  • Australian Capital Territory – Pay 28 days from the settlement date.
  • New South Wales – Pay 90 days from the settlement date.

Am I Eligible For a Stamp Duty Exemption?

Some states and territories provide stamp duty exemptions or concessions. 

Typically, you could receive an exemption from stamp duty if you are a first home buyer or if your property is valued under a certain threshold. 

Here are the most recent stamp duty exemptions and concessions available across Australia’s states and territories:

State/Territory

     Exemptions/Concessions

Western Australia

  • First home buyers are exempt for property values over $430,000.

Queensland

  • Receive a concession for properties under a $550,000 valuation.

Victoria

  • First home buyer exemption for properties under a $600,000 valuation.

Northern Territory

  • First home buyers are exempt on property values under $400,000.

Southern Australia

  • Zero stamp duty exemptions and concessions.

Tasmania

  • First home buyers receive 50% concessions on properties valued under $400,000.
  • Downsizing pensioners receive a 50% concession.

Australian Capital Territory

  • First home buyers are exempt from paying stamp duty if earning under $160,000 per year, increasing if you have children.
  • Pensioners and the disabled can receive concessions.

New South Wales

  • First home buyers are exempt if the property is valued below $650,000.
  • New homes are exempt on property values up to $800,000.
  • Existing properties valued between $600,000 to $800,000 receive a concession.

First Home Buyers Grant

Most first home buyers will also be eligible for the First Home Buyers Grant. You could receive a grant of either $10,000 or $15,000, depending on your state or territory.

You can spend the grant on anything related to your property purchase, paying for fees, or even toward your deposit.

To qualify for the First Home Buyers Grant, you must be a first home buyer with Australian citizenship or permanent residency. You must be aged 18 years old or over, and the property you are buying must be new.

Do Australian Expats Qualify For Stamp Duty Exemptions?

Providing you are an Australian citizen or permanent resident, all stamp duty exemptions and concessions are open to Aussie Expats. You must meet the standard requirements, just like a resident Aussie, however.

Can Foreign Nationals Qualify For Stamp Duty Exemptions?

Foreign nationals will not qualify for stamp duty exemptions. You must be either an Australian citizen or permanent resident to qualify for any exemptions or concessions related to stamp duty.

As well as paying the full amount of stamp duty for any property purchases, foreign nationals have additional costs to pay.

Foreign Stamp Duty Surcharge

The Foreign Stamp Duty Surcharge is an extra cost applicable for foreign nationals. You will need to pay between 7% to 8% of the property purchase price on top of the standard stamp duty fee. The surcharge will vary depending on the state or territory where you are buying a property.

However, there is no foreign stamp duty surcharge in Tasmania, Northern Territory, or Australian Central Territory.

Foreign Investment Review Board

An additional cost for foreign nationals to pay is an application to the Foreign Investment Review Board. The Foreign Investment Review Board, or FIRB, oversees foreign property investment in Australia with the aim of keeping the property market fair.

The FIRB must approve your application before you can purchase an Aussie property. This application costs several thousand dollars and must be completed. You will face a fine of up to $3,300,000 or up to 10 years in prison if you buy a property in Australia without approval.

You can apply for your home loan with Odin Mortgage and look for a property whilst awaiting approval from the FIRB, however.

How Can I Calculate Stamp Duty?

Use Odin Mortgage’s Stamp Duty Calculator to discover the total stamp duty payable for your property! Simply enter the following information:

  • Location. The state or territory you are buying a property in.
  • Property Price. The value of the property.
  • Status. Are you a first home buyer?
  • Purchase Type. Will the property be your primary residence or an investment?
  • Property Type. Is the property existing, a new home, or vacant land?
  • Pensioners. Pensioners are eligible for concessions in some states.
  • Foreign Purchaser. Some foreign purchasers need to pay an additional surcharge.
  • Income. What is the total income of all purchasers?
  • Dependents. Do you have any children?

Our expert stamp duty calculator will total the entire transfer duty you are required to pay. You will also find out if you are eligible for the First Home Owner Grant.

Get In Touch With Odin Mortgage Today!

Odin Mortgage will quickly get your home loan approval for a property purchase in Australia! We will offer you the latest comparative home loan interest rates to find you the best deal. Furthermore, we will advise you on how to get a mortgage with overseas income.

Read our Testimony Wall to discover glowing reviews from the customers we have helped secure a home loan in Australia! You can learn more about who we are at Odin Mortgage and how we can help you by reading our FAQs.


Request a call from Odin Mortgage now and find out how we can help you! As Australian Credit Licence holders, you can trust our service!

Frequently Asked Questions

How do I find out how much stamp duty costs in Australia?

Use Odin Mortgage’s Stamp Duty Calculator to find out how much stamp duty land tax is payable. You must enter into the stamp duty calculator property details such as property value. 

Will this be your primary residence, investment property, new home, vacant land, or existing home? In addition enter into the calculator if you have dependent children, foreign purchaser status, or if you are a pensioner.

The total government costs of your land transfer duty will be stated, along with foreign buyers’ duty if applicable. You will also see the government fees, mortgage registration fee, and other costs associated with your purchase.

Will my home loan repayments be higher as an Australian Expat?

If you are an Australian citizen or permanent resident, you will have the same great loan deals available to you despite working overseas. We will negotiate a perfect home loan deal with an amazing lender, considering all overseas income.

If you are a foreign national, lenders may charge you a higher interest rate which subsequently results in higher monthly repayments. However, at Odin Mortgage, we will act to secure the best available deal for your Australian mortgage!

Are there any other incentives available when buying a property in Australia?

Depending on your circumstances, you could receive an off-the-plan concession from a developer when buying a brand new home. 

Ask Odin Mortgage’s expert brokers about an offset account to help reduce the interest payable on your home loan balance. This method offsets your savings against your home loan, saving you money whilst your savings remain accessible.

Take the first step towards the right home loan.​​

Apply online to get expert recommendations with real interest rates and repayments.