New homes
- Buy a new home valued at less than $800,000, apply for a full exemption, and pay no transfer duty.
- Buy a new home valued between $800,000 and $1 million, and apply for a concessional transfer duty rate. The amount will be based on the value of your home.
Existing homes
- Buy an existing home valued at less than $650,000, apply for a full exemption and pay no transfer duty.
- Buy an existing home valued between $650,000 and $800,000, and apply for a concessional transfer duty rate. The amount will be based on the value of your home.
Vacant land
- You won’t pay transfer duty if your land is valued at less than $400,000.
- For land valued between $400,000 and $500,000, you’ll receive a concessional rate.
To calculate your property transfer stamp duty, please click here.
