Stamp Duty on $3,000,000 in NSW
Stamp duty on a $3,000,000 property in NSW (New South Wales) is $146,287.00 at the general rate. Change the price or buyer below to recalculate with official New South Wales rates.
Stamp duty on $3,000,000 in NSW by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $146,287.00 | 4.88% |
| Home you will live in | $146,287.00 | 4.88% |
| First home buyer, established home | $146,287.00 | 4.88% |
| First home buyer, new home | $146,287.00 | 4.88% |
| Foreign buyer (duty plus surcharge) | $416,287.00 | 13.88% |
How the $3,000,000 figure is worked out
- General rate: $52,237.00 plus $5.50 per $100 of the $1,710,000 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 $3,000,000 in NSW
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,750,000 | $77,537 | $77,537 |
| Stamp duty on $2,000,000 | $91,287 | $91,287 |
| Stamp duty on $2,500,000 | $118,787 | $118,787 |
| $3,000,000 | $146,287 | $146,287 |
$3,000,000 stamp duty in every state
At $3,000,000, New South Wales ranks number 4 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Tasmania | $130,185 |
| Australian Capital Territory | $136,200 |
| Western Australia | $145,616 |
| New South Wales | $146,287 |
| Queensland | $153,025 |
| South Australia | $158,830 |
| Northern Territory | $172,500 |
| Victoria | $175,000 |
Frequently asked questions
How much is stamp duty on $3,000,000 in NSW?
Stamp duty on a $3,000,000 property in New South Wales is $146,287.00 at the general rate. That is 4.88% of the price. First home buyer relief does not reduce duty on an established home at $3,000,000; the buyer pays $146,287.00.
Do first home buyers pay stamp duty on $3,000,000 in NSW?
First home buyer relief does not reduce duty on an established home at $3,000,000; the buyer pays $146,287.00.
How much stamp duty does a foreign buyer pay on $3,000,000 in NSW?
$416,287.00 in total: $146,287.00 transfer duty plus $270,000.00 surcharge purchaser duty (9%).