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STAMP DUTY
What is Stamp Duty?
Stamp duty, also known as transfer duty, is a tax charged by the NSW Government when you buy property in NSW.
It is an important cost to factor into your budget when purchasing a property, as it is generally payable in addition to the purchase price and other buying costs.
The amount of stamp duty you pay will depend on the value of the property and your individual circumstances. Some buyers may also be eligible for an exemption or concession, including eligible first home buyers.
At New Chapter Conveyancing, we’ll help you understand the stamp duty that applies to your purchase and make sure it is dealt with as part of the conveyancing process.
Calculate your Stamp Duty
Are you trying to work out your budget and would like an idea of how much stamp duty you may need to allow for ?
Use the official Revenue Stamp Duty Calculator to estimate the transfer duty payable on your purchase.
The amount of duty payable will depend on factors such as the purchase price, the type of property you are buying and your individual circumstances.
*The calculator is provided and maintained by Revenue NSW and will open in a new window. Any estimate is indicative only and will depend on your individual circumstances. Your actual stamp duty will be confirmed as part of your purchase.
Buying your First Home
If you're buying your first home, you may be eligible for a stamp duty exemption or concession under the NSW First Home Buyer Assistance Scheme.
Head over to our FIRST HOME BUYERS page for more information and links to the current Revenue NSW first home buyer benefits.