Stamp duty on a $500,000 property
In NSW, stamp duty on a $500,000 property is $17,030. First home buyers are exempt (saving $17,030).
Standard Duty (NSW)
$17,030
First Home Buyer (NSW)
Exempt
NSW Breakdown
Property Price$500,000
Stamp Duty$17,030
Transfer Fee (est.)~$1,150
Legal/Conveyancing (est.)~$1,500
Total Upfront Costs~$19,680
Stamp Duty as % of Price3.4%
First home buyers save $17,030 on a $500,000 property in NSW
Full exemption applies (under $650k)