Stamp Duty on $500,000 in NT
Stamp duty on a $500,000 property in NT (Northern Territory) is $23,928.60 at the general rate. Change the price or buyer below to recalculate with official Northern Territory rates.
Stamp duty on $500,000 in NT by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $23,928.60 | 4.79% |
| Home you will live in | $23,928.60 | 4.79% |
| First home buyer, established home | $23,928.60 | 4.79% |
| First home buyer, new home | $23,928.60 | 4.79% |
| Foreign buyer (duty plus surcharge) | $23,928.60 | 4.79% |
How the $500,000 figure is worked out
- Northern Territory uses a formula rather than bands at this price; the official revenue office formula gives $23,928.60.
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 $500,000 in NT
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $350,000 | $13,300 | $13,300 |
| Stamp duty on $400,000 | $16,514 | $16,514 |
| Stamp duty on $450,000 | $20,057 | $20,057 |
| $500,000 | $23,929 | $23,929 |
| Stamp duty on $550,000 | $27,225 | $27,225 |
| Stamp duty on $600,000 | $29,700 | $29,700 |
| Stamp duty on $650,000 | $32,175 | $32,175 |
$500,000 stamp duty in every state
At $500,000, Northern Territory ranks number 7 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $11,400 |
| Queensland | $15,925 |
| New South Wales | $16,687 |
| Western Australia | $17,765 |
| Tasmania | $18,248 |
| South Australia | $21,330 |
| Northern Territory | $23,929 |
| Victoria | $25,070 |
Frequently asked questions
How much is stamp duty on $500,000 in NT?
Stamp duty on a $500,000 property in Northern Territory is $23,928.60 at the general rate. That is 4.79% of the price. First home buyer relief does not reduce duty on an established home at $500,000; the buyer pays $23,928.60.
Do first home buyers pay stamp duty on $500,000 in NT?
First home buyer relief does not reduce duty on an established home at $500,000; the buyer pays $23,928.60.
How much stamp duty does a foreign buyer pay on $500,000 in NT?
$23,928.60. Northern Territory had no foreign purchaser surcharge on the official pages we read.