First home buyer stamp duty in New South Wales

No duty on a home up to $800,000 or land up to $350,000, and less duty up to $1,000,000 and $450,000, for a buyer who qualifies.

A calculator lying on a plate, and its tape standing up beside it

The purchase

How is first home buyer stamp duty worked out in New South Wales?

A $900,000 purchase with a contract signed 4 Nov 2026 pays $19,593.50 of duty. On the scale it is $11,602 plus 4.5% of the amount over $387,000, $34,687. The first home rule takes $15,093.50 off.

More for this state

Investor or home buyer

The duty on a purchase in New South Wales.

Foreign buyer

The duty and surcharge for a foreign buyer in New South Wales.

Land tax

Land tax in New South Wales on land you hold.

Capital gains tax

The tax on a sale, worked out.

Where the rules come from

By Varun Agarwal. Updated

The ATO's figures on what landlords earn and lose, postcode by postcode, are in Rental income, losses and capital gains by postcode, 2023-24.