Stamp Duty on $550,000 in SA
Stamp duty on a $550,000 property in SA (South Australia) is $24,080.00 at the general rate. Change the price or buyer below to recalculate with official South Australia rates.
Stamp duty on $550,000 in SA by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $24,080.00 | 4.38% |
| Home you will live in | $24,080.00 | 4.38% |
| First home buyer, established home | $24,080.00 | 4.38% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $62,580.00 | 11.38% |
How the $550,000 figure is worked out
- General rate: $21,330.00 plus $5.50 per $100 of the $50,000 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 $550,000 in SA
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $400,000 | $16,330 | $16,330 |
| Stamp duty on $450,000 | $18,830 | $18,830 |
| Stamp duty on $500,000 | $21,330 | $21,330 |
| $550,000 | $24,080 | $24,080 |
| Stamp duty on $600,000 | $26,830 | $26,830 |
| Stamp duty on $650,000 | $29,580 | $29,580 |
| Stamp duty on $700,000 | $32,330 | $32,330 |
$550,000 stamp duty in every state
At $550,000, South Australia ranks number 6 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 SA?
Stamp duty on a $550,000 property in South Australia is $24,080.00 at the general rate. That is 4.38% of the price. First home buyer relief does not reduce duty on an established home at $550,000; the buyer pays $24,080.00.
Do first home buyers pay stamp duty on $550,000 in SA?
First home buyer relief does not reduce duty on an established home at $550,000; the buyer pays $24,080.00. On a new home or off-the-plan purchase it is $0.00.
How much stamp duty does a foreign buyer pay on $550,000 in SA?
$62,580.00 in total: $24,080.00 transfer duty plus $38,500.00 foreign ownership surcharge (7%).