Stamp Duty on $1,600,000 in NT
Stamp duty on a $1,600,000 property in NT (Northern Territory) is $79,200.00 at the general rate. Change the price or buyer below to recalculate with official Northern Territory rates.
Stamp duty on $1,600,000 in NT by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $79,200.00 | 4.95% |
| Home you will live in | $79,200.00 | 4.95% |
| First home buyer, established home | $79,200.00 | 4.95% |
| First home buyer, new home | $79,200.00 | 4.95% |
| Foreign buyer (duty plus surcharge) | $79,200.00 | 4.95% |
How the $1,600,000 figure is worked out
- Northern Territory uses a formula rather than bands at this price; the official revenue office formula gives $79,200.00.
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 $1,600,000 in NT
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,300,000 | $64,350 | $64,350 |
| Stamp duty on $1,400,000 | $69,300 | $69,300 |
| Stamp duty on $1,500,000 | $74,250 | $74,250 |
| $1,600,000 | $79,200 | $79,200 |
| Stamp duty on $1,750,000 | $86,625 | $86,625 |
| Stamp duty on $2,000,000 | $99,000 | $99,000 |
| Stamp duty on $2,500,000 | $123,750 | $123,750 |
$1,600,000 stamp duty in every state
At $1,600,000, Northern Territory ranks number 6 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Tasmania | $67,185 |
| New South Wales | $69,287 |
| Queensland | $72,525 |
| Australian Capital Territory | $72,640 |
| Western Australia | $73,516 |
| Northern Territory | $79,200 |
| South Australia | $81,830 |
| Victoria | $88,000 |
Frequently asked questions
How much is stamp duty on $1,600,000 in NT?
Stamp duty on a $1,600,000 property in Northern Territory is $79,200.00 at the general rate. That is 4.95% of the price. First home buyer relief does not reduce duty on an established home at $1,600,000; the buyer pays $79,200.00.
Do first home buyers pay stamp duty on $1,600,000 in NT?
First home buyer relief does not reduce duty on an established home at $1,600,000; the buyer pays $79,200.00.
How much stamp duty does a foreign buyer pay on $1,600,000 in NT?
$79,200.00. Northern Territory had no foreign purchaser surcharge on the official pages we read.