Stamp Duty on $1,400,000 in NT
Stamp duty on a $1,400,000 property in NT (Northern Territory) is $69,300.00 at the general rate. Change the price or buyer below to recalculate with official Northern Territory rates.
Stamp duty on $1,400,000 in NT by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $69,300.00 | 4.95% |
| Home you will live in | $69,300.00 | 4.95% |
| First home buyer, established home | $69,300.00 | 4.95% |
| First home buyer, new home | $69,300.00 | 4.95% |
| Foreign buyer (duty plus surcharge) | $69,300.00 | 4.95% |
How the $1,400,000 figure is worked out
- Northern Territory uses a formula rather than bands at this price; the official revenue office formula gives $69,300.00.
First home buyers: The Northern Territory has no general first home buyer duty concession (the first home owner discount ended in 2021).
Stamp duty near $1,400,000 in NT
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,100,000 | $54,450 | $54,450 |
| Stamp duty on $1,200,000 | $59,400 | $59,400 |
| Stamp duty on $1,300,000 | $64,350 | $64,350 |
| $1,400,000 | $69,300 | $69,300 |
| Stamp duty on $1,500,000 | $74,250 | $74,250 |
| Stamp duty on $1,600,000 | $79,200 | $79,200 |
| Stamp duty on $1,750,000 | $86,625 | $86,625 |
$1,400,000 stamp duty in every state
At $1,400,000, Northern Territory ranks number 6 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Tasmania | $58,185 |
| New South Wales | $58,287 |
| Queensland | $61,025 |
| Australian Capital Territory | $62,550 |
| Western Australia | $63,216 |
| Northern Territory | $69,300 |
| South Australia | $70,830 |
| Victoria | $77,000 |
Frequently asked questions
How much is stamp duty on $1,400,000 in NT?
Stamp duty on a $1,400,000 property in Northern Territory is $69,300.00 at the general rate. That is 4.95% of the price. First home buyer relief does not reduce duty on an established home at $1,400,000; the buyer pays $69,300.00.
Do first home buyers pay stamp duty on $1,400,000 in NT?
First home buyer relief does not reduce duty on an established home at $1,400,000; the buyer pays $69,300.00.
How much stamp duty does a foreign buyer pay on $1,400,000 in NT?
$69,300.00. Northern Territory had no foreign purchaser surcharge on the official pages we read.