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.
FAQ Filter: Stamp Duty
Stamp Duty Frequently Asked questions regarding Australian Real Estate.
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 …
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.