When you’re preparing finances to buy property, make sure you’ve calculated how much you’ll need to pay in stamp duty and know when it’s payable.

Transfer duty or stamp duty as it is more commonly known in NSW, is a tax or duty that must be paid when you acquire a property – even if you receive that property as a gift or if it is obtained through a company or trust.

The amount of stamp duty payable in NSW is based on the valuation of the property. Stamp duty is calculated on the contract sale price or the property’s current market value, whichever is higher.

In NSW, stamp duty can be an expensive, and often unavoidable, upfront cost associated with buying a home. But there are times you may be entitled to a discount or even an exemption, particularly if you’re buying your first home. 

Stamp duty calculator – Revenue NSW

In NSW, the cost of stamp duty is based on the property’s sale price, or its current market value, whichever is higher.

To calculate the stamp duty on the sale of land or businesses in NSW, this stamp duty calculator can help.

Download the fact sheet

Download the fact sheet to learn more about stamp duty and how it is calculated.