Stamp duty on a $1,200,000 property
In NSW, stamp duty on a $1,200,000 property is $48,530. First home buyers pay $48,530.
Standard Duty (NSW)
$48,530
First Home Buyer (NSW)
$48,530
NSW Breakdown
Property Price$1,200,000
Stamp Duty$48,530
Transfer Fee (est.)~$2,550
Legal/Conveyancing (est.)~$1,500
Total Upfront Costs~$52,580
Stamp Duty as % of Price4.0%