Stamp Duty in Northern Territory (NT), Rates & Exemptions 2026
NT stamp duty rates and formula for 2026, plus the $50,000 HomeGrown Territory Grant for eligible new-home contracts through 30 September 2027.
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Stamp duty (transfer duty) in Northern Territory is a state government tax paid when you purchase property. NT uses a formula-based calculation for stamp duty below $525,000. The $50,000 HomeGrown Territory Grant is available for eligible new-home contracts or owner-build starts through 30 September 2027.
Quick Facts
| FHB Exemption | A house-and-land stamp duty exemption may apply; the $50,000 HomeGrown Territory Grant covers eligible new-home contracts through 30 September 2027 |
| FHB Threshold | Transaction-specific duty rules apply; the HomeGrown Territory Grant has no purchase-price cap for eligible contracts through 30 September 2027 |
| Foreign Surcharge | No foreign buyer surcharge |
| Key Notes | NT uses a formula-based calculation for stamp duty below $525,000. The $50,000 HomeGrown Territory Grant is available for eligible new-home contracts or owner-build starts through 30 September 2027. |
NT Stamp Duty Rate Brackets
The following table shows the current stamp duty brackets for property purchases in Northern Territory.
| Property Value | Rate / Duty |
|---|---|
| $0, $525,000 | Calculated using V × (0.06571441 × V + 15) / 1000 formula |
| $525,001, $3,000,000 | 4.95% of property value |
| $3,000,001, $5,000,000 | 5.75% of property value |
| Over $5,000,001 | 5.95% of property value |
First Home Buyer Concessions
A house-and-land stamp duty exemption may apply; the $50,000 HomeGrown Territory Grant covers eligible new-home contracts through 30 September 2027
The threshold for first home buyer stamp duty concessions in Northern Territory is: Transaction-specific duty rules apply; the HomeGrown Territory Grant has no purchase-price cap for eligible contracts through 30 September 2027. Check with your state revenue office for the latest eligibility criteria and application process.
Foreign Buyer Surcharge
No foreign buyer surcharge. 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 Northern Territory, including first home buyer concessions and foreign buyer surcharges.
Frequently Asked Questions, NT Stamp Duty
On a $500,000 property in the Northern Territory, stamp duty is approximately $23,929. This is calculated using the NT formula: V x (0.06571441 x V + 15) / 1000, where V is the property value in thousands. For V = 500: 500 x (0.06571441 x 500 + 15) / 1000 = 500 x 47.857 / 1000 = $23,929.
An NT house-and-land stamp duty exemption may apply depending on the transaction. Separately, the $50,000 HomeGrown Territory Grant covers eligible first-home buyers who sign a new-home contract or start an owner-build through 30 September 2027.
The NT uses a unique formula-based calculation for properties up to $525,000: Duty = V × (0.06571441 × V + 15) / 1000, where V is the property value in thousands. Above $525,000, tiered flat rates apply: 4.95% for properties $525,001–$3,000,000, 5.75% for properties $3,000,001–$5,000,000, and 5.95% for properties over $5,000,000. This formula produces a smooth, progressive increase in duty.
No. The Northern Territory is the only Australian state or territory that does not charge an additional stamp duty surcharge for foreign buyers. Foreign purchasers pay the same stamp duty rates as Australian citizens and residents.
Stamp Duty in Other States
Related Resources
- NT 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 Northern Territory , Learn about the FHOG and other grants in NT.
- Borrowing Capacity Calculator , Estimate how much you can borrow based on your income and expenses.
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