Stamp Duty on $550,000 in NT
Stamp duty on a $550,000 property in NT (Northern Territory) is $27,225.00 at the general rate. Change the price or buyer below to recalculate with official Northern Territory rates.
Stamp duty on $550,000 in NT by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $27,225.00 | 4.95% |
| Home you will live in | $27,225.00 | 4.95% |
| First home buyer, established home | $27,225.00 | 4.95% |
| First home buyer, new home | $27,225.00 | 4.95% |
| Foreign buyer (duty plus surcharge) | $27,225.00 | 4.95% |
How the $550,000 figure is worked out
- Northern Territory uses a formula rather than bands at this price; the official revenue office formula gives $27,225.00.
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 $550,000 in NT
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $400,000 | $16,514 | $16,514 |
| Stamp duty on $450,000 | $20,057 | $20,057 |
| Stamp duty on $500,000 | $23,929 | $23,929 |
| $550,000 | $27,225 | $27,225 |
| Stamp duty on $600,000 | $29,700 | $29,700 |
| Stamp duty on $650,000 | $32,175 | $32,175 |
| Stamp duty on $700,000 | $34,650 | $34,650 |
$550,000 stamp duty in every state
At $550,000, Northern Territory ranks number 7 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $13,560 |
| Queensland | $17,775 |
| New South Wales | $18,937 |
| Western Australia | $20,140 |
| Tasmania | $20,373 |
| South Australia | $24,080 |
| Northern Territory | $27,225 |
| Victoria | $28,070 |
Frequently asked questions
How much is stamp duty on $550,000 in NT?
Stamp duty on a $550,000 property in Northern Territory is $27,225.00 at the general rate. That is 4.95% of the price. First home buyer relief does not reduce duty on an established home at $550,000; the buyer pays $27,225.00.
Do first home buyers pay stamp duty on $550,000 in NT?
First home buyer relief does not reduce duty on an established home at $550,000; the buyer pays $27,225.00.
How much stamp duty does a foreign buyer pay on $550,000 in NT?
$27,225.00. Northern Territory had no foreign purchaser surcharge on the official pages we read.