Stamp Duty Rate

The greatest expense of purchasing a property is the payment of stamp duty. Stamp duty is a tax which is payable to the Government on the transfer of land. It is calculated on a scale determined by the State Government. The stamp duty is payable on the Transfer base on the purchase price.

Scale of Stamp Duty 

Value of Property Rate of Duty per $100 or part of $100 

Not exceeding $14,000 $1.25 with minimum of $10.00 

$14,001 - $30,000 $175 plus $1.50 per $100 in excess of $14,000 

$30,001 - $80,000 $415 plus $1.75 per $100 in excess of $30,000 

$80,001 - $300,000 $1,290 plus $3.50 per $100 in excess of $80,000 

$300,001 - $1,000,000 $8,990 plus $4.50 per $100 in excess of $300,000 

over $1,000,000 $40,490 plus $5.50 per $100 in excess of $1,000,000