State Based Property Stamp Duty
Every state of Australia has its own rate of stamp duty it charges for the transfer of property. Stamp Duty rates will also vary within and between states for owner occupier, investor as individual or as interposed entity like a trust.
Please ensure the appropriate individual (s) or interposed entities are named on the purchase contract, as any change in ownership after settlement will incur extra stamp duty
Surcharge for foreign purchasers of residential property
-
New South Wales – 8% on top of the standard rates
- Queensland – 7% on top of the standard rates
- Victoria – 7% on top of the standard rates
- South Australia – 7% on top of the standard rates
- Western Australia 7% from 1st January 2019 on top of the standard
- Tasmania 3% on top of the standard rates
- Northern Territory No Surcharge over the standard rates
Ensuring all property purchases regardless of where in Australia is structured to minimise all stamp duty payable.