What are the first home owner stamp duty rates?

Sep 20, 2022, 09:07 AM
Title : What are the first home owner stamp duty rates?

A person may be entitled to apply for the first home owner rate of transfer duty if they qualify for a first home owner grant or would have otherwise qualified for a grant (had consideration been paid or for the purchase of an established home).

What are the first home owner stamp duty rates?

Established home as at 3 July 2014

DUTIABLE VALUE
DUTY THRESHOLDS
$0 – $430,000Nil
$430,001 – $530,000$19.19 per $100 or part thereof above $430,000

First home owner rate – vacant land

DUTIABLE VALUEDUTY THRESHOLDS
$0 – $300,000Nil
$300,001 – $400,000$13.01 per $100 or part thereof above $300,000

 

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