Australian Capital Territory

Stamp Duty - General Rate and Threshold- from 1 July 2024

Stamp Duty - Home buyer concessions 1 July 2025

Income threshold amount after 1 July 2025
To be eligible for a duty concession, the income test must be satisfied. The combined total income of all applicants and their domestic partner/s over the 1 year period prior to the date of the grant, transfer or agreement for transfer (whichever is first) must be less than or equal to the relevant income threshold as follows:

Stamp Duty - Pensioner duty concession From 1 July 2025, the benefit of the concession is capped at the duty payable for owner occupier property purchases valued at $1,020,000. This means that eligible pensioners acquiring properties valued at $1,020,000 or under will not pay duty, while those acquiring property over $1,020,000 may now be eligible for a reduction in duty of $35,238. (Before 1 July 2024, the Pensioner Duty Concession Scheme was limited to purchases of properties within an upper property threshold value.)

First Home Owner Grant:
After 1 July 2019, the First Home Owner Grant (FHOG) no longer exists, the FHOG was replaced by the new Home Buyer Concession Scheme, which provides a full duty concession for eligible buyers.

Mortgage Registration Fee 1 July 2025: $178.00

Land Transfer Fee: $479.00

New South Wales

Stamp Duty - General Rate 1 July 2025

Stamp Duty - Foreign Purchaser:
From 1 January 2025, the current foreign purchaser additional duty rate is 9 per cent.

Stamp Duty - First Home Buyers Assistance after 1 July 2025 :
A full exemption from transfer duty will be available if buying a new or existing home valued up to $800,000, while homes valued over $800,000 and less than $1,000,000 may qualify for a concessional rate. If purchasing vacant land on which you intend to build a home, the first home buyer may receive an exemption for land valued up to $350,000 and a concessional rate for land valued over $350,000 and less than $450,000.

First Home Owner Grant (New Homes) For a newly built house, townhouse, apartment, unit or similar the purchase price must not exceed $600,000. If purchase vacant land and sign a building contract with a builder, the total combined cost of land price and construction cost must not exceed $750,000.

Mortgage Registration Fee from 1 July 2025: $175.70

Land Transfer Fee: 175.70.

Northern Territory

Stamp Duty - General Rate Duty is calculated on the purchase price or unencumbered value of the dutiable property, whichever is the greater, as follows:   -  Where the dutiable value does not exceed $525,000 in accordance with the follow formula:

From 1 July 2017, where the dutiable value exceeds $525,000, but is less than $3 million - 4.95 per cent of that amount. 
From 1 July 2017, where the dutiable value is $3 million or more - 5.75 per cent of that amount. 
From 1 July 2017, where the dutiable value is $5 million or more - 5.95 per cent of that amount. 

Government Grant:
$50,000 HomeGrown Grant: For first-home buyers who build or purchase a new home.
$30,000 Fresh Start New Home Grant: Available to those who already own a home but wish to build or buy a new property in NT.

Mortgage Registration Fee: $176.00 from 1 July 2025

Land Transfer Fee: $176.00

Queensland

Stamp Duty - General Rate

Stamp Duty - Home Concession Rates

Stamp Duty - First Home Buyers Duty Exemption From 1 May 2025: First home buyers who enter into a contract to purchase a new home to live in (or vacant land on which to build a home to live in) will pay no stamp duty.

Stamp Duty - First Home Concession Rate (After 9 June 2024)

Stamp Duty - First Home Vacant Land Concession rate (After 9 June 2024)

Mortgage Registration Fee after 1 July 2025: $238.14.

Land Transfer Fee: $238.14 + additional fee for lodging a transfer if the consideration is more than $180,000 - $44.71 for each $10,000 or part of $10,000 more than $180,000

First Home Owner Grant: For new home, the grant is $30,000. The cap is $750,000

Stamp Duty - Foreign Purchaser: The surcharge increased from 7% to 8% after 1 July 2024.

South Australia

Stamp Duty - All Rate

Stamp Duty Relief - First Home Buyers:
For contracts entered into on or after 6 June 2024, full stamp duty relief applies on the purchase of all eligible new homes and vacant land used to build a new home.

Stamp Duty - Foreign Purchaser:
The foreign purchasers are required to pay a foreign ownership surcharge of 7% of the value of the interest in residential land.

Mortgage Registration Fee: from 1 July 2025: $198.00

Land Transfer Fee: from 1 July 2025:

First Home Owner Grant:
FHOG is $15,000 for first home owners. The property value cap for the Grant was removed for contracts entered into on or after 6 June 2024 to purchase a new home or comprehensive building contract.

Tasmania

Tasmania

Stamp Duty - General Rate

If you purchase the vacant land, the stamp duty is levied on both land value and building cost rather than land element only

Stamp Duty - Foreign Purchaser:
a 8% surcharge rate applies:
Stamp Duty - First Home Owner Concessional Rate: From 18 February 2024 to 30 June 2026 TAS provides an exemption from property transfer duty for first home buyers of established homes which have a dutiable value of $750 000 or less which settle.
Stamp Duty - Pensioner Concessional Rate:From 1 January 2022 the concession provides a 50 per cent discount on property transfer duty for eligible pensioners who sell their existing home and downsize by buying another home. The new property must have a dutiable value of $600,000 or less and less than that of the former home.

First Home Owner Grant:
The Government has announced the grant decreased to $10,000 after 1 July 2024.

Mortgage Registration Fee after 1 July 2025: $163.30

Land Transfer Fee: $250.21

Victoria

Victoria

Stamp Duty - Non Principal place of Residence Rate
For the purchase of any other property (i.e. not Principal place of residence).

Premium Stamp Duty:
From 1 July 2021, the duty payable increase to $110,000 plus 6.5% of the dutiable value of more than $2 million.

Stamp Duty - Foreign Purchaser:
The foreigner buyer duty surcharge is 8%.

Stamp Duty - Principal Place of Residence (PPR) Rate
For the purchase of a home (which will be used as Principal place of residence) for contracts entered into on or after 6 May 2008.

Stamp Duty - First Home Buyer Concession

VIC abolishes stamp duty for both new and existing properties under $600,000. First home buyers purchasing a property between $600,000 and $750,000 also receive a tapered discount.

If a first home buyer purchases vacant land to build a new home to be their principal place of residence, the home must be built within 12 months for the FHB concessions to apply (choose "Yes" for the Option "Are you first home buyer"). If the buyer takes more than 12 months to build the home, they are not eligible for the First Home Buyer Concession (choose "No" for the Option "Are you first home buyer").

Pensioner Exemption Concession An exemption if a home valued at $600,000 or less, or a concession if a home valued from $600,001 to $750,000.

Mortgage Registration Fee 2025 - 2026:
(a) Paper Transaction: $135.80 (b) Electronic Transaction: $125.70

Land Transfer Fee:
(a) Paper Transaction Fee: the sum of $111.80 plus $2.34 for every whole consideration, the maximum fee is $3,621.00
(b) Electronic Transaction Fee: the sum of $101.50 plus $2.34 for every whole consideration, the maximum fee is $3,611.00

First Home Owner Grant: $10,000 if property valued up to $750,000.

Western Australia

Stamp Duty - General Rate
The general rate of transfer duty applies to a dutiable transaction, unless the Duties Act provides otherwise. The general rate of transfer duty is set out below.

Stamp Duty - First Home Owner Rate from 7 May 2026

• the value of the home must not exceed $800,000
-- $800,000 for properties located in the Perth Metropolitan and Peel regions

• no duty is payable on homes valued up to $600,000
• if the dutiable value is:
-- between $600,000 and $800,000 in the Metropolitan or Peel regions, duty is payable at a rate of $16.15 for every $100, or part of $100, by which it exceeds $600,000

Stamp Duty (Vacant Land ) - First Home Owner Rate from 7 May 2026

• the value of the land must not exceed $550,000 .
• no duty is payable on land valued up to $450,000.
• if the dutiable value is between $450,000 and $550,000, duty is payable at a rate of $20.14 for every $100, or part of $100, by which it exceeds $350,000.

Stamp Duty - Vacant Land
According to WA Department of Finance: Where vacant land is bought, duty will initially be charged at the general rate. Once a house is built on the land that is eligible for the First Home Owner Grant, a refund will be available, on application, once the grant is issued.

Stamp Duty - Foreign Purchaser:
Foreign buyers duty imposes additional 7% duty on the dutiable value

Mortgage Registration Fee from 1 July 2025: $216.60

Land Transfer Fee from 1 July 2025:

First Home Owner Grant after 7 May 2026: Currently First Home Buyer Grant is $10,000. The cap limits the total value of properties (i.e. total value of home and land) to $800,000.00 or less, or if the home is located north of the 26th parallel to $1,000,000 or less.