Key points
- Rates and thresholds depend on property value and buyer type (FHB, investor, etc.).
- Concessions may apply for eligible first‑home buyers or new homes.
- Additional duties can apply to foreign purchasers.
Rates & thresholds (illustrative)
NSW uses progressive brackets. The exact thresholds change over time and may differ for first‑home buyers. Always confirm with Revenue NSW.
Example bracket structure (illustrative):
- Up to $88,000 — $1.25 per $100
- $88,000 to $247,000 — $1,100 + $1.50 per $100 over $88,000
- $247,000 to $1,033,000 — $3,835 + $1.75 per $100 over $247,000
- $1,033,000 and over — $42,000 + $2.25 per $100 over $1,033,000
Illustrative only. Verify current brackets on Revenue NSW.
Worked example (illustrative only)
Purchase price $750,000 (established home). Using the illustrative brackets above:
- Duty up to $247,000 ≈ $3,835
- Remaining amount: $750,000 − $247,000 = $503,000
- Apply $1.75 per $100 to $503,000 ≈ $8,802.50
- Total duty ≈ $3,835 + $8,802.50 = $12,637.50
These figures are simplified and illustrative. Use the official calculator for precise amounts and check concessions.
Model repayments, offset impact and payoff time with
MortgageMateAU.
Official resources
Educational only; not financial or tax advice.