Stamp duty on a $1,000,000 property
In NSW, stamp duty on a $1,000,000 property is $39,530. First home buyers pay $39,530.
Standard Duty (NSW)
$39,530
First Home Buyer (NSW)
$39,530
NSW Breakdown
Property Price$1,000,000
Stamp Duty$39,530
Transfer Fee (est.)~$2,150
Legal/Conveyancing (est.)~$1,500
Total Upfront Costs~$43,180
Stamp Duty as % of Price4.0%