Stamp Duty in New South Wales (NSW), Rates & Exemptions 2026
NSW stamp duty rates, brackets, and exemptions for 2026. First home buyers get full exemption up to $800,000. Calculate your stamp duty and understand concessions in New South Wales.
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Definition
New South Wales Stamp Duty
Stamp duty (transfer duty) in New South Wales is a state government tax paid when you purchase property. NSW also offers a choice between stamp duty and an annual property tax for first home buyers on properties up to certain thresholds.
Quick Facts
| FHB Exemption | Full exemption for properties up to $800,000; concession between $800,001 and $1,000,000 |
| FHB Threshold | $800,000 (full exemption), $1,000,000 (concession) |
| Foreign Surcharge | 9% surcharge for foreign buyers (increased January 2025) |
| Key Notes | NSW also offers a choice between stamp duty and an annual property tax for first home buyers on properties up to certain thresholds. |
NSW Stamp Duty Rate Brackets
The following table shows the current stamp duty brackets for property purchases in New South Wales.
| Property Value | Rate / Duty |
|---|---|
| $0, $17,000 | 1.25% (minimum $20) |
| $17,001, $37,000 | $212 + 1.5% over $17,000 |
| $37,001, $99,000 | $512 + 1.75% over $37,000 |
| $99,001, $372,000 | $1,597 + 3.5% over $99,000 |
| $372,001, $1,240,000 | $11,152 + 4.5% over $372,000 |
| $1,240,001, $3,721,000 | $50,212 + 5.5% over $1,240,000 |
| Over $3,721,001 | $186,667 + 7% over $3,721,000 |
First Home Buyer Concessions
Full exemption for properties up to $800,000; concession between $800,001 and $1,000,000
The threshold for first home buyer stamp duty concessions in New South Wales is: $800,000 (full exemption), $1,000,000 (concession). Check with your state revenue office for the latest eligibility criteria and application process.
Foreign Buyer Surcharge
9% surcharge for foreign buyers (increased January 2025). This surcharge is applied in addition to the standard stamp duty rates shown above. Foreign buyers should factor this additional cost into their purchasing budget.
Tip: Use our Stamp Duty Calculator to get an instant estimate of your stamp duty in New South Wales, including first home buyer concessions and foreign buyer surcharges.
Frequently Asked Questions, NSW Stamp Duty
On an $800,000 property in NSW, standard stamp duty is $30,412 (FY2025-26 rates). This is calculated using the bracket that applies: $11,152 base + 4.5% on the amount over $372,000 ($428,000 x 4.5% = $19,260), totalling $30,412. However, first home buyers are fully exempt from stamp duty on properties up to $800,000 under the First Home Buyer Assistance Scheme.
First home buyers in NSW can receive a full stamp duty exemption on properties valued up to $800,000, and a concessional rate on properties between $800,001 and $1,000,000. This applies to both new and existing homes under the First Home Buyer Assistance Scheme.
NSW stamp duty is calculated using a progressive bracket system. The rate increases as the property value rises, starting at 1.25% for properties up to $17,000 and reaching 7% for the portion above $3,721,000 (FY2025-26 CPI-adjusted threshold). Each bracket applies only to the portion of value within that range.
NSW previously offered a First Home Buyer Choice scheme allowing buyers to opt for an annual property tax instead of upfront stamp duty. While this scheme ended on 30 June 2023 for new applications, first home buyers still benefit from generous stamp duty exemptions under the First Home Buyer Assistance Scheme.
Stamp Duty in Other States
Related Resources
- Stamp Duty Calculator , Calculate your stamp duty including first home buyer concessions.
- Stamp Duty Exemptions for First Home Buyers , State-by-state breakdown of available exemptions and concessions.
- First Home Owner Grant New South Wales , Learn about the FHOG and other grants in NSW.
- Borrowing Capacity Calculator , Estimate how much you can borrow based on your income and expenses.
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Analyse Your Contract FreeLast updated: March 2026. Verify all figures with your state or territory revenue office before making financial decisions.