Stamp duty on a $430,000 piece of land depends on which state or territory you’re buying in, because the rates and concessions vary a lot. The current results I have show that in South Australia, for example, $430,000 falls in the “exceeds $300,000 but not $500,000” band, which is $11,330 plus $5 per $100 over $300,000.

For South Australia, that works out to:

  • Amount over $300,000: $130,000
  • Duty on that extra amount: $6,500
  • Total stamp duty: $17,830

What I need for the exact amount

If you tell me the state/territory , I can narrow it down properly, because the answer could be very different elsewhere. Some places also offer first-home or vacant-land concessions that can reduce the duty.

Example

For the same $430,000 land purchase:

  • South Australia: about $17,830
  • Another state may be higher or lower depending on its duty scale and concessions

If you want the exact figure, what state is the land in?