When do I have to pay the stamp duty?
Stamp duty is payable on the settlement day of the property purchase. Your conveyancing solicitor should have ensured your funds were ready and will manage the payment process.
Stamp Duty Frequently Asked questions regarding Australian Real Estate.
Stamp duty is payable on the settlement day of the property purchase. Your conveyancing solicitor should have ensured your funds were ready and will manage the payment process.
No stamp duty is paid only for the transfer of the family home between spouses. Whenever there is a transaction involving other family members the State Revenue Office requires you to obtain a valuation from a valuer to determine the market value of the property. The stamp duty paid on the property transfer will be …
Is stamp duty payable on transfer of property between family members? Read More »
Your conveyancing solicitor will calculate the exact amount of stamp duty payable on your purchase.
Stamp duty varies for each state and the purpose of the property use. Generally it’s 3-4% of the property value. However to get accurate stamp duty for your situation, please use our calculator.