Stamp Duty on $350,000 in NSW
Stamp duty on a $350,000 property in NSW (New South Wales) is $10,307.00 at the general rate. Change the price or buyer below to recalculate with official New South Wales rates.
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Stamp duty on $350,000 in NSW by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $10,307.00 | 2.94% |
| Home you will live in | $10,307.00 | 2.94% |
| First home buyer, established home | $0.00 | 0% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $41,807.00 | 11.94% |
How the $350,000 figure is worked out
- General rate: $1,662.00 plus $3.50 per $100 of the $247,000 above $103,000 (rounded up to the next $100).
First home buyers: Full exemption: home valued $800,000 or less.
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Stamp duty near $350,000 in NSW
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $300,000 | $8,557 | $8,557 |
| $350,000 | $10,307 | $10,307 |
| Stamp duty on $400,000 | $12,187 | $12,187 |
| Stamp duty on $450,000 | $14,437 | $14,437 |
| Stamp duty on $500,000 | $16,687 | $16,687 |
$350,000 stamp duty in every state
At $350,000, New South Wales ranks number 2 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $6,300 |
| New South Wales | $10,307 |
| Queensland | $10,675 |
| Western Australia | $10,735 |
| Tasmania | $11,935 |
| Northern Territory | $13,300 |
| South Australia | $13,830 |
| Victoria | $16,070 |
Frequently asked questions
How much is stamp duty on $350,000 in NSW?
Stamp duty on a $350,000 property in New South Wales is $10,307.00 at the general rate. That is 2.94% of the price. An eligible first home buyer pays no duty on an established home at $350,000.
Do first home buyers pay stamp duty on $350,000 in NSW?
An eligible first home buyer pays no duty on an established home at $350,000.
How much stamp duty does a foreign buyer pay on $350,000 in NSW?
$41,807.00 in total: $10,307.00 transfer duty plus $31,500.00 surcharge purchaser duty (9%).
Sources
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