Home Loan Stamp Duty Calculator

Stamp duty exemptions differ for states and territories across Australia. Each state and territory in Australia has a different set of rules, grants and conditions which apply to stamp duty exemptions or concessions.

You may be eligible for an exemption or concession if you fall into the following categories:

• First home buyer
• Pensioner
• Farmer
• Purchasing a live in property
• Purchasing a new home
• Purchasing off-the-plan
• Deceased estates

Use our stamp duty calculator to calculate any exemptions or concessions you could be entitled to by first selecting the state you wish to purchase property in.

Handy links: Please note all numbers are estimates, please confirm exact numbers with the relevant state government department using the links below

NSW: Office of State Revenue NSW

QLD: Office of State Revenue QLD

VIC: Office of State Revenue VIC

SA: Office of State Revenue SA

WA: The Department of Finance WA

ACT: Office of State Revenue ACT

NT: Office of State Revenue NT

TAS: Office of State Revenue TAS

The First Home - New Home Scheme was introduced by the NSW government on January 1, 2012.

For eligible property purchasers a stamp duty exemption applies for new homes valued up to $550,000 and concessions for new homes valued between $550,000 and $650,000.

No stamp duty is payable for eligible purchasers who are buying residential vacant land valued up to $350,000. If the vacant land is valued between $350,000 and $450,000 – concessions will apply for eligible purchasers.

Eligibility applies to purchasers who:

• Are Australian citizens or permanent residents

• Are over 18-years-of-age

• Purchase the whole property

• Purchase the property for residential purposes – not a business or trust

• Occupy the home within 12 months and lives in the home for a continuous period of at least six months

• Has not previously owned residential property in any form in any State or Territory of Australia – this applies to partners also.

For the full terms and conditions of first home buyers stamp duty concessions and exemptions visit www.osr.nsw.gov.au/grants/fhnh

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and for a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.osr.nsw.gov.au

The Victorian government offers stamp duty concessions, referred to as land transfer duty, for property purchasers who meet eligibility.

Concessions may apply for eligible purchasers who are;

• Buying their first home and have a family

• Buying a home intended to be their principal place of residence

• Pensioners

• Deceased estates

• Buying their first home

• Farmers

The Victorian Government offers eligible first home buyers a duty reduction when they purchase a new or established home. The duty reduction applies where you buy a principal place of residence valued at not more than $600,000 and where the settlement date is on or after 1 July 2011.

Meeting the eligibility requirement for the First Home Owner Grant (FHOG), will entitle you to the duty reduction.

For eligible first home buyers the Victorian Government offers stamp duty concessions for new and established homes valued at no more than $600,000 that are going to be your principal place of residence. You must also reside in the home for a continuous period of at least 12 months.

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and to determine your eligibility visit the Victoria Office of State Revenue website for the full terms and conditions.

For a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.sro.vic.gov.au

The Queensland government refers to stamp duty as transfer duty and offers duty concessions and exemptions for eligible property purchasers.

Concessions may apply for eligible purchasers who are:

• Buying a residential property to live in
• Buying their first property to live in
• Buying vacant land to build their first home

Home concessions vary depending on the above conditions of your property purchase. Our calculator will factor in these conditions to give you an estimated cost – taking in the concessions you may be eligible for.

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and to determine your eligibility visit the Queensland Office of State Revenue website for the full terms and conditions.

For a full list of concessions that may be applicable to you, please visit the Office of State Revenue site https://www.osr.qld.gov.au/

In the State of Western Australia, where a person is eligible for a First Home Owner Grant (FHOG) they may also be eligible for a concessional rate of stamp duty.

The First Home Owner Rate of Duty (FHOR) concessions apply to new homes and vacant land.

For homes, based on your eligibility to meet the FHOG requirements, you may receive a concessional rate of duty for property that is not valued over $530,000. If the home does not exceed $430,000 then no duty is payable.

For vacant land, based on your eligibility to meet the FHOG requirements, you may receive a concessional rate of duty for land that is not valued over $400,000. If the land does not exceed $300,000 then no duty is payable.

As mentioned, in order to gain the above concession on your stamp duty costs you will need to meet the FHOG requirements. Some of the conditions include:

• A property value cap

• Must be for a natural person - not a businesses, company or trust

• Minimum 18-years-of-age

• Australian citizen or permanent resident

• Have not previously owned a residential home

• Must occupy the home for a continuous period of time

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and to determine your eligibility visit the Western Australia Office of State Revenue website for the full First Home Owner Grant terms and conditions.

For a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.finance.wa.gov.au/cms/State_Revenue/Duties/Duties.aspx

Currently the South Australian Government offers a partial stamp duty concession to off-the-plan property purchases for new or substantially refurbished apartments until 30 June, 2016.

Eligible first home buyers can also apply for a First Home Owner Grant (FHOG) for new residential homes, including construction. You must also reside in the home for a continuous period of at least 12 months.

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and to determine your eligibility visit the South Australian Office of State Revenue website for the full terms and conditions.

For a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.revenuesa.sa.gov.au

Like most states in Australia, Tasmania also offers a payment incentive for first home buyers. However in Tasmania, first home buyer incentives don't currently include any stamp duty concessions.

The Tasmanian Department of Treasury states there are still concessions and exemptions that apply to eligible applicants. These include:

• A personal relationships concession

• A principal residence land concession

• A vacant land rebate

Currently Tasmania offers a First Home Owners Grant for eligible Australian applicants, but from June 30 2015 an increased payment will take its place in the form of the First Home Builder Boost (FHBB) payment. The grant amount you are eligible for will depend on the date of your contract, whether you are buying or building a home and if it is a new or existing property.

For the full FHOG and FHBB grant terms and condition visit the Tasmanian Government Department of Treasury and Finance website.

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and for a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.sro.tas.gov.au/

From January 1 2015 the ACT Government introduced a concessional stamp duty rate which applies to purchasers who are buying a new residential home or residential vacant land. The Home Buyer Concession Scheme (HBCS) is valid until June 30 2015.

To receive the Government stamp duty concession the property transactions date (agreement of transfer) must occur between January 2015 and 30 June 2015. This is not the settlement date.

Concessions may apply for new or substantially renovated properties if the home is valued at less than $550,000.

Stamp duty concessions also apply for vacant land purchases when the value of the land if less than $298,300.

There are a number of key factors that are taken into account to validate your eligibility for a stamp duty concession. These can include:

• Meeting a gross income test

• Home occupation for a continuous period

• Age limitations

• Previous or current home owner status

• Australian residency

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For more information and to determine your eligibility visit the ACT Office of State Revenue website for the full terms and conditions.

For a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.act.gov.au/

On December 4 2012 the Northern Territory announced that their First Home Owner Concessions, which applied a reduction to applicable stamp duty charges, was being abolished.

The First Home Owner Grant still applies for first home buyers who are purchasing new properties. The grants are paid as a bulk payment calculated based on the type of property and purchase price.

While the First Home Owner Concession has wrapped-up there are still other Government stamp duty concessions available in the Northern Territory. These concessions include:

• Senior, Pensioner and Carer Concessions

• Principal Place of Residence Rebate

• Partition of land

• Substitution of a related party as the conveyee

Please note all calculated numbers are estimates so please confirm exact numbers with the relevant state government department. For the full terms and conditions and for a full list of concessions that may be applicable to you, please visit the Office of State Revenue site http://www.nt.gov.au/ for the full terms and conditions.