Stamp Duty on $2,500,000 in NSW
Stamp duty on a $2,500,000 property in NSW (New South Wales) is $118,787.00 at the general rate. Change the price or buyer below to recalculate with official New South Wales rates.
Stamp duty on $2,500,000 in NSW by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $118,787.00 | 4.75% |
| Home you will live in | $118,787.00 | 4.75% |
| First home buyer, established home | $118,787.00 | 4.75% |
| First home buyer, new home | $118,787.00 | 4.75% |
| Foreign buyer (duty plus surcharge) | $343,787.00 | 13.75% |
How the $2,500,000 figure is worked out
- General rate: $52,237.00 plus $5.50 per $100 of the $1,210,000 above $1,290,000 (rounded up to the next $100).
First home buyers: No first home buyer concession at $1,000,000 or more.
Stamp duty near $2,500,000 in NSW
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,600,000 | $69,287 | $69,287 |
| Stamp duty on $1,750,000 | $77,537 | $77,537 |
| Stamp duty on $2,000,000 | $91,287 | $91,287 |
| $2,500,000 | $118,787 | $118,787 |
| Stamp duty on $3,000,000 | $146,287 | $146,287 |
$2,500,000 stamp duty in every state
At $2,500,000, New South Wales ranks number 3 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Tasmania | $107,685 |
| Australian Capital Territory | $113,500 |
| New South Wales | $118,787 |
| Western Australia | $119,866 |
| Northern Territory | $123,750 |
| Queensland | $124,275 |
| South Australia | $131,330 |
| Victoria | $142,500 |
Frequently asked questions
How much is stamp duty on $2,500,000 in NSW?
Stamp duty on a $2,500,000 property in New South Wales is $118,787.00 at the general rate. That is 4.75% of the price. First home buyer relief does not reduce duty on an established home at $2,500,000; the buyer pays $118,787.00.
Do first home buyers pay stamp duty on $2,500,000 in NSW?
First home buyer relief does not reduce duty on an established home at $2,500,000; the buyer pays $118,787.00.
How much stamp duty does a foreign buyer pay on $2,500,000 in NSW?
$343,787.00 in total: $118,787.00 transfer duty plus $225,000.00 surcharge purchaser duty (9%).