What is the NSW first home buyer stamp duty exemption threshold in 2025?

In NSW, first home buyers are exempt from stamp duty on properties up to $800,000. A concessional rate applies for properties between $800,001 and $1,000,000.

How much is stamp duty on a $750,000 home in NSW?

A first home buyer purchasing a $750,000 property in NSW pays $0 in stamp duty due to the first home buyer exemption. An investor or non-first-home buyer would pay approximately $29,085.

When is stamp duty paid in NSW?

NSW stamp duty (transfer duty) must be paid within 3 months of signing the contract, or at settlement (whichever comes first). Your conveyancer typically handles this at settlement.

Stamp Duty Calculator NSW 2025–26 — Transfer Duty

🏘️ NSW Transfer Duty Calculator

Property Purchase Price ($)

Buyer Type

Foreign Purchaser?

Transfer Duty Payable

Property price

Base duty

Concession / exemption

Foreign surcharge (8%)

N/A

How Transfer Duty Works in NSW

In New South Wales, stamp duty is officially called transfer duty and is administered by Revenue NSW. It applies to property purchases and is calculated on the greater of the purchase price or the property's market value. Duty is typically paid at settlement through your conveyancer.

NSW uses a tiered rate structure — the more expensive the property, the higher the marginal rate applied to the upper portion of its value.

Standard NSW Transfer Duty Rates (2025–26)

Dutiable Value	Duty Payable
Up to $16,000	$1.25 per $100 (or part thereof)
$16,001 – $35,000	$200 + $1.50 per $100 over $16,000
$35,001 – $93,000	$485 + $1.75 per $100 over $35,000
$93,001 – $351,000	$1,500 + $3.50 per $100 over $93,000
$351,001 – $1,168,000	$10,530 + $4.50 per $100 over $351,000
Over $1,168,000	$47,295 + $5.50 per $100 over $1,168,000

First Home Buyer Exemptions in NSW

NSW offers generous transfer duty relief for eligible first home buyers:

Full exemption on properties (new or existing) up to $800,000
Concessional rates for properties between $800,001 and $1,000,000 (sliding scale)
No concession for properties over $1,000,000 — full duty applies

To qualify, you must be purchasing your first home, intend to live in it as your principal place of residence within 12 months, and be an Australian citizen or permanent resident.

Worked Examples

Example 1 — First Home Buyer, $750,000 Existing Home

Item	Amount
Purchase price	$750,000
Standard duty (without concession)	$29,085
First home buyer exemption (under $800k)	–$29,085
Duty payable	$0

Example 2 — Owner-Occupier, $900,000 Home

Item	Amount
Purchase price	$900,000
Duty: $10,530 + 4.5% × ($900k – $351k)	$35,235
Duty payable	$35,235

Frequently Asked Questions

What is the NSW first home buyer stamp duty threshold in 2025?▾

First home buyers in NSW are fully exempt from transfer duty on properties up to $800,000. A partial concession applies between $800,001 and $1,000,000. These thresholds apply to both new and existing homes.

Is there a First Home Owner Grant in NSW?▾

Yes. NSW offers a $10,000 First Home Owner Grant for buyers purchasing or building a new home valued up to $600,000, or buying land and building a new home with a combined value up to $750,000. This is separate from the stamp duty concession.

Can I choose to pay an annual property tax instead of stamp duty in NSW?▾

Yes — NSW introduced a First Home Buyer Choice scheme allowing eligible first home buyers to opt for an annual property tax instead of upfront stamp duty. The annual tax is $400 plus 0.3% of the land value for owner-occupiers, or $1,500 plus 1.1% of land value for investors. This can be beneficial for buyers who plan to sell within a few years. From July 2023, this option was extended and expanded.

What is the foreign purchaser surcharge in NSW?▾

Foreign purchasers of residential property in NSW pay an additional surcharge of 8% of the dutiable value, on top of the standard transfer duty. A foreign person is broadly defined as someone who is not an Australian citizen or permanent resident.

When must NSW transfer duty be paid?▾

NSW transfer duty must be paid within 3 months of executing the contract (or the transfer document). In practice, this usually occurs at settlement when your conveyancer lodges the transfer and pays duty from the settlement funds. If you're buying off the plan, you may have up to 15 months.

Disclaimer: NSW transfer duty rates and first home buyer thresholds are subject to change. This calculator reflects published Revenue NSW rates for 2025–26 and is for estimation purposes only. Always confirm figures with your conveyancer or Revenue NSW before making financial decisions.

Related Property & Tax Tools

Stamp Duty Calculator VIC — Victorian land transfer duty rates and FHB concessions
Stamp Duty Calculator QLD — Queensland transfer duty and first home concessions
Mortgage Calculator — Calculate your home loan repayments after stamp duty
Income Tax Calculator — Know your take-home pay for budgeting your purchase