Stamp Duty on $1,000,000 in SA
Stamp duty on a $1,000,000 property in SA (South Australia) is $48,830.00 at the general rate. Change the price or buyer below to recalculate with official South Australia rates.
Stamp duty on $1,000,000 in SA by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $48,830.00 | 4.88% |
| Home you will live in | $48,830.00 | 4.88% |
| First home buyer, established home | $48,830.00 | 4.88% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $118,830.00 | 11.88% |
How the $1,000,000 figure is worked out
- General rate: $21,330.00 plus $5.50 per $100 of the $500,000 above $500,000 (rounded up to the next $100).
First home buyers: South Australia has no first home relief on established homes.
Stamp duty near $1,000,000 in SA
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $850,000 | $40,580 | $40,580 |
| Stamp duty on $900,000 | $43,330 | $43,330 |
| Stamp duty on $950,000 | $46,080 | $46,080 |
| $1,000,000 | $48,830 | $48,830 |
| Stamp duty on $1,100,000 | $54,330 | $54,330 |
| Stamp duty on $1,200,000 | $59,830 | $59,830 |
| Stamp duty on $1,300,000 | $65,330 | $65,330 |
$1,000,000 stamp duty in every state
At $1,000,000, South Australia ranks number 6 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $36,950 |
| Queensland | $38,025 |
| New South Wales | $39,187 |
| Tasmania | $40,185 |
| Western Australia | $42,616 |
| South Australia | $48,830 |
| Northern Territory | $49,500 |
| Victoria | $55,000 |
Frequently asked questions
How much is stamp duty on $1,000,000 in SA?
Stamp duty on a $1,000,000 property in South Australia is $48,830.00 at the general rate. That is 4.88% of the price. First home buyer relief does not reduce duty on an established home at $1,000,000; the buyer pays $48,830.00.
Do first home buyers pay stamp duty on $1,000,000 in SA?
First home buyer relief does not reduce duty on an established home at $1,000,000; the buyer pays $48,830.00. On a new home or off-the-plan purchase it is $0.00.
How much stamp duty does a foreign buyer pay on $1,000,000 in SA?
$118,830.00 in total: $48,830.00 transfer duty plus $70,000.00 foreign ownership surcharge (7%).