Stamp Duty is paid on most House Purchases in Australia.
Stamp Duty rates on Residential Homes in 2013.
One example for each State, based on a $420,000 property with a $300,000 mortgage gives the following totals for Stamp, Land Transfer and Mortgage Registration Duties.
First Home owners do get various exemptions and discounts, while investment property purchases often pay the higher rate.
Feb 2013 | |||
Owner Occupied | First Home | Investment | |
VIC | $ 18,631.00 | $ 15,157.00 | $ 21,531.00 |
NSW | $ 14,688.00 | $ 299.00 | $ 14,688.00 |
ACT | $ 16,403.00 | $ 11,094.00 | $ 16,403.00 |
QLD | $ 13,460.00 | $ 935.00 | $ 13,460.00 |
WA | $ 14,375.00 | $ 410.00 | $ 4,375.00 |
SA | $ 20,260.00 | $ 20,260.00 | $ 20,260.00 |
TAS | $ 14,653.00 | $ 14,653.00 | $ 14,653.00 |
NT | $ 18,101.00 | $ 212.00 | $ 18,104.00 |