Stamp duty on a $650,000 property
In NSW, stamp duty on a $650,000 property is $23,780. First home buyers are exempt (saving $23,780).
Standard Duty (NSW)
$23,780
First Home Buyer (NSW)
Exempt
NSW Breakdown
Property Price$650,000
Stamp Duty$23,780
Transfer Fee (est.)~$1,450
Legal/Conveyancing (est.)~$1,500
Total Upfront Costs~$26,730
Stamp Duty as % of Price3.7%
First home buyers save $23,780 on a $650,000 property in NSW
Full exemption applies (under $650k)