Stamp duty on a $400,000 property
In NSW, stamp duty on a $400,000 property is $12,530. First home buyers are exempt (saving $12,530).
Standard Duty (NSW)
$12,530
First Home Buyer (NSW)
Exempt
NSW Breakdown
Property Price$400,000
Stamp Duty$12,530
Transfer Fee (est.)~$950
Legal/Conveyancing (est.)~$1,500
Total Upfront Costs~$14,980
Stamp Duty as % of Price3.1%
First home buyers save $12,530 on a $400,000 property in NSW
Full exemption applies (under $650k)