Stamp Duty on $2,500,000 in NT
Stamp duty on a $2,500,000 property in NT (Northern Territory) is $123,750.00 at the general rate. Change the price or buyer below to recalculate with official Northern Territory rates.
Stamp duty on $2,500,000 in NT by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $123,750.00 | 4.95% |
| Home you will live in | $123,750.00 | 4.95% |
| First home buyer, established home | $123,750.00 | 4.95% |
| First home buyer, new home | $123,750.00 | 4.95% |
| Foreign buyer (duty plus surcharge) | $123,750.00 | 4.95% |
How the $2,500,000 figure is worked out
- Northern Territory uses a formula rather than bands at this price; the official revenue office formula gives $123,750.00.
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 $2,500,000 in NT
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $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 |
| $2,500,000 | $123,750 | $123,750 |
| Stamp duty on $3,000,000 | $172,500 | $172,500 |
$2,500,000 stamp duty in every state
At $2,500,000, Northern Territory ranks number 5 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 NT?
Stamp duty on a $2,500,000 property in Northern Territory is $123,750.00 at the general rate. That is 4.95% of the price. First home buyer relief does not reduce duty on an established home at $2,500,000; the buyer pays $123,750.00.
Do first home buyers pay stamp duty on $2,500,000 in NT?
First home buyer relief does not reduce duty on an established home at $2,500,000; the buyer pays $123,750.00.
How much stamp duty does a foreign buyer pay on $2,500,000 in NT?
$123,750.00. Northern Territory had no foreign purchaser surcharge on the official pages we read.