Stamp duty is a tax levied by all Australian territories and states on property purchases. The stamp duty a buyer pays can be based on the property purchase price, location and loan purpose. Some states charge different rates on investment properties than on places of residence.
First-home buyers may be eligible for stamp duty exemptions or concessions under certain conditions. To see what the current conditions are for stamp duty exemptions and concessions, visit your state’s government website:
|State / Territory||Link|
|Australian Capital Territory||www.revenue.act.gov.au|
|New South Wales||www.osr.nsw.gov.au|
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