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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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, $18,000 | 1.25% (minimum $20) |
| $18,001, $38,000 | $225 + 1.5% over $18,000 |
| $38,001, $103,000 | $525 + 1.75% over $38,000 |
| $103,001, $387,000 | $1,662 + 3.5% over $103,000 |
| $387,001, $1,290,000 | $11,602 + 4.5% over $387,000 |
| $1,290,001, $3,870,000 | $52,237 + 5.5% over $1,290,000 |
| Over $3,870,001 | $194,137 + 7% over $3,870,000 |
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 transfer duty is $30,187 under 2026–27 rates. This is $11,602 plus 4.5% of the amount over $387,000. Eligible first home buyers are fully exempt on homes up to $800,000 under the First Home Buyers 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 transfer duty uses progressive rates. For contracts in 2026–27, the first bracket runs to $18,000 and premium property duty applies to the residential portion above $3,870,000. Each marginal rate applies only to value within that bracket.
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
- NSW Contract Review Guide , Stamp duty is set by the state; the contract is where your risks are negotiable. Check it before you sign.
- 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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