How is NSW stamp duty calculated?

NSW stamp duty (transfer duty) is calculated on a sliding scale based on the dutiable value of the property. Rates range from 1.25% on the first $17,000 up to 5.5% on amounts over $1,212,000. The duty applies to the higher of the purchase price or the market value.

What is the First Home Buyer Assistance Scheme?

The FHBAS provides full or partial stamp duty exemptions for first home buyers in NSW. For existing homes, full exemption applies for purchases up to $800,000 and partial concessions apply between $800,000 and $1,000,000.

What is the FHBAS price cap in 2026?

The FHBAS price cap is $800,000 for full exemption and $1,000,000 for partial discount on existing homes. For new homes, the thresholds may differ. Caps are reviewed annually and refresh each July.

When do NSW stamp duty rates change?

NSW stamp duty rates and FHBAS caps are reviewed annually as part of the state budget process. Changes typically take effect on 1 July. Always verify current rates at revenue.nsw.gov.au.

Calculator

NSW stamp duty calculator

Calculate NSW stamp duty for any purchase price. Tick the first home buyer box to see your potential FHBAS savings.

Purchase priceI am a first home buyer

Transfer duty

$35,700

Source: Revenue NSW. General residential rate, FY2025-26 thresholds. This is an estimate only. Verify at revenue.nsw.gov.au.

How NSW stamp duty works

NSW stamp duty (officially called transfer duty) is a state tax paid when you buy property. It is calculated on a sliding scale: the higher the purchase price, the higher the rate. Rates range from 1.25% on the first $17,000 up to 5.5% on amounts exceeding $1,212,000. First home buyers may be eligible for full exemptions or partial concessions under the First Home Buyer Assistance Scheme (FHBAS), which can save tens of thousands of dollars.

Frequently asked questions

How is NSW stamp duty calculated?: NSW stamp duty (transfer duty) is calculated on a sliding scale based on the dutiable value of the property. Rates range from 1.25% on the first $17,000 up to 5.5% on amounts over $1,212,000. The duty applies to the higher of the purchase price or the market value.
What is the First Home Buyer Assistance Scheme?: The FHBAS provides full or partial stamp duty exemptions for first home buyers in NSW. For existing homes, full exemption applies for purchases up to $800,000 and partial concessions apply between $800,000 and $1,000,000.
What is the FHBAS price cap in 2026?: The FHBAS price cap is $800,000 for full exemption and $1,000,000 for partial discount on existing homes. For new homes, the thresholds may differ. Caps are reviewed annually and refresh each July.
When do NSW stamp duty rates change?: NSW stamp duty rates and FHBAS caps are reviewed annually as part of the state budget process. Changes typically take effect on 1 July. Always verify current rates at revenue.nsw.gov.au.