Your stamp duty is: $
The above formula is for Principal Place of Residence (If you intend to live in the home)
Note different rates apply for first home buyers and investors.
Note stamp duty is only payable on real-estate, which means if you are buying a house and land package, you are only paying stamp duty on the land and not the entire value of the package.
This also applies for apartments or townhouses that are not built as yet (off-the-plan) which would see a stamp duty saving also.
Please note, that the information provided by the calculator is intended to provide illustrative examples based on stated assumptions and your inputs.
Calculations are meant as estimates only and it is advised that you consult with a mortgage broker about your specific circumstances.
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