What is stamp duty?
Stamp duty is a state government tax you pay when you buy property in Australia. The amount varies by state and property value.
Stamp duty (also called transfer duty) is a one-off tax charged by state and territory governments when you purchase property. The amount depends on the property's value, the state you're buying in, and whether it's your home or an investment.
First home buyers often get a discount or full exemption. The rates and thresholds vary significantly between states — buying in NSW is very different to buying in Victoria or Queensland.
Key facts
- •A state/territory tax — rates differ in every jurisdiction
- •Calculated on the property's purchase price or market value (whichever is higher)
- •First home buyers may be exempt or get a discount depending on the state and price
- •Usually must be paid within 30 days of settlement
- •Foreign buyers pay a surcharge on top of standard stamp duty in most states
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Stamp Duty CalculatorFrequently asked questions
Can I avoid stamp duty?
First home buyers may qualify for exemptions or concessions depending on the state and purchase price. Some states are also introducing land tax alternatives. Otherwise, stamp duty is unavoidable.
Is stamp duty tax deductible?
Not for your home. For investment properties, stamp duty is added to the cost base, which reduces your capital gain when you sell. It's not deductible as an annual expense.
General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.