Stamp duty calculator online
Most states in Australia charge some form of stamp duty on real estate. And to make matters even more complicated for the property buyer, this differs in each state. Find out how much stamp duty you will need to pay in different states using our stamp duty calculators.
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Buying a new real estate property, whether a house to live in or a rental property for investment purposes, can prove costly. For starters, there's the price of the property. And with the way property markets across Australia have boomed over the past decade or so, property prices are rising higher and higher. Then, you need to consider the cost of the mortgage, with interest payments and fees and charges. But if all that wasn't enough, the governments around Australia want their fair share too. And how do they get their piece of the real estate pie? By charging you stamp duty. Here we look at stamp duty around Australia.
Stamp duty calculator for New South Wales
In NSW, stamp duty is charged on the full price of the property. First home buyers may be eligible for the First Home Buyers Concession and may pay no stamp duty on a house and land or pay reduced stamp duty for vacant land.
Stamp duty calculator for Queensland
In Qld, stamp duty is payable on the mortgage and transfer of a property. There may be transfer duty concessions and mortgage duty concessions available to first home buyers in Qld.
Stamp duty calculator for Victoria
In Victoria, stamp duty is payable on the transfer of land and buildings. This is calculated using a sliding scale from a top rate of 5.5 percent for properties worth over $870,000 down to 1.4 percent for properties worth no more than $20,000. Mortgage stamp duty in Victoria was abolished from 1 July 2004.
Stamp duty calculator for Western Australia
In WA, stamp duty is payable on mortgages. Owner occupiers are entitled to a lower rate of stamp duty and eligible first home buyers are entitled to a concession.
Stamp duty calculator for South Australia
In SA, from 2005 stamp duty has been exempt on most mortgages.