Stamp duty in NSW in 2025–26 is charged on a sliding scale from about 1.25% up to 5.5% of the property price for standard residential purchases, with a higher premium rate of 7% for very high‑value properties (over roughly $3.7 million). The exact amount depends on the dutiable value of the property, whether you are a first‑home buyer, and whether any concessions or surcharges apply.

What stamp duty is in NSW

Stamp duty (officially called transfer duty) is a state tax you pay when buying or receiving ownership of property in New South Wales.

It is calculated on the dutiable value of the property, usually the purchase price or the market value, whichever is higher.

Current standard rates (2025–26)

For normal residential property purchases (non‑premium), NSW uses a tiered scale where higher portions of the price are taxed at higher percentages.

Typical brackets for 2025–26 are approximately:

  • $0 – $17,000: $1.25 per $100 (minimum $20).
  • $17,001 – $37,000: $212 plus $1.50 per $100 over $17,000.
  • $37,001 – $99,000: $512 plus $1.75 per $100 over $37,000.
  • $99,001 – $372,000: $1,597 plus $3.50 per $100 over $99,000.
  • $372,001 – $1,240,000: $11,152 plus $4.50 per $100 over $372,000.
  • Over $1,240,000: $50,212 plus $5.50 per $100 over $1,240,000.

For properties above the premium threshold (around $3.72 million in 2025–26), an additional premium rate of 7% applies to the portion above that threshold.

First‑home buyer concessions

NSW currently offers substantial help to eligible first‑home buyers through the First Home Buyers Assistance Scheme.

  • Full exemption: For a new or existing home valued up to about $800,000, eligible first‑home buyers may pay no stamp duty.
  • Concessional duty: For homes from $800,000 up to about $1 million, first‑home buyers may pay a reduced amount of duty on a sliding scale.
  • Example indicative figures (first‑home buyer, after concession):
    • $800,000 home: duty reduced to $0.
* $850,000 home: partial concession (duty significantly lower than general rate).

The exact concession depends on the price and your eligibility (citizenship/PR, occupancy requirements, prior property ownership, etc.).

Example: “How much would I pay?”

Because stamp duty depends on your price and situation, it helps to think in actual numbers.

  • On a $700,000 purchase (non–first‑home buyer), the duty will be in the tens of thousands of dollars under the standard scale (around 3–4% of the price once the stepped calculation is done).
  • On a $700,000 purchase as an eligible first‑home buyer, you could be fully exempt under current thresholds.
  • On a $4 million property, premium duty applies; the total duty can exceed $200,000 once the standard duty plus the 7% premium portion are added.

These are indicative only ; to know “how much is stamp duty in NSW” for you, you must plug your exact purchase price and buyer type into a current calculator or check with a professional adviser.

Quick HTML table of standard brackets

Here is a simple HTML table summarising the standard (non‑first‑home‑buyer, non‑premium) brackets for NSW stamp duty 2025–26.

html

<table>
  <thead>
    <tr>
      <th>Dutiable value band (NSW)</th>
      <th>Stamp duty formula (approx. 2025–26)</th>
    </tr>
  </thead>
  <tbody>
    <tr>
      <td>$0 – $17,000</td>
      <td>$1.25 per $100 (min $20)</td>
    </tr>
    <tr>
      <td>$17,001 – $37,000</td>
      <td>$212 + $1.50 per $100 over $17,000</td>
    </tr>
    <tr>
      <td>$37,001 – $99,000</td>
      <td>$512 + $1.75 per $100 over $37,000</td>
    </tr>
    <tr>
      <td>$99,001 – $372,000</td>
      <td>$1,597 + $3.50 per $100 over $99,000</td>
    </tr>
    <tr>
      <td>$372,001 – $1,240,000</td>
      <td>$11,152 + $4.50 per $100 over $372,000</td>
    </tr>
    <tr>
      <td>Over $1,240,000</td>
      <td>$50,212 + $5.50 per $100 over $1,240,000</td>
    </tr>
    <tr>
      <td>Premium properties (over ~ $3.72m)</td>
      <td>Standard duty on $3.721m (approx. $186,667) + 7% on amount above threshold</td>
    </tr>
  </tbody>
</table>

Information gathered from public forums or data available on the internet and portrayed here.