Stamp duty on a $600,000 property
In NSW, stamp duty on a $600,000 property is $21,530. First home buyers are exempt (saving $21,530).
Standard Duty (NSW)
$21,530
First Home Buyer (NSW)
Exempt
NSW Breakdown
Property Price$600,000
Stamp Duty$21,530
Transfer Fee (est.)~$1,350
Legal/Conveyancing (est.)~$1,500
Total Upfront Costs~$24,380
Stamp Duty as % of Price3.6%
First home buyers save $21,530 on a $600,000 property in NSW
Full exemption applies (under $650k)