Non PPR Dutiable Property
Tax rate information according to the Duties Act 2000 For Contracts Entered Into On Or After 6 May 2008
| For the purchase of any other property (i.e. not your Principal place of residence) for contracts entered into on or after 6 May 2008. |
| Dutiable Value Range |
Rate |
| $0 - $25,000 |
1.4 per cent of the dutiable value of the property |
| > $25,000 - $130,000 |
$350 plus 2.4 per cent of the dutiable value in excess of $25,000 |
| > $130,000 - $960,000 |
$2,870 plus 6 per cent of the dutiable value in excess of $130,000 |
| More than $960,000 |
5.5 per cent of the dutiable value |
For Contracts Entered Into Between 21 April 1998 and 5 May 2008
| For the purchase of dutiable property (i.e. not your Principal place of residence) for contracts entered into from 21 April 1998 to 5 May 2008 |
| Dutiable Value Range |
Rate |
| $0 - $20,000 |
1.4 per cent of the dutiable value of the property |
| > $20,000 - $115,000 |
$280 plus 2.4 per cent of the dutiable value in excess of $20,000 |
| > $115,000 - $870,000 |
$2,560 plus 6 per cent of the dutiable value in excess of $115,000 |
| More than $870,000 |
5.5 per cent of the dutiable value |
For Contracts Entered Into Between 1 January 1988 and 20 April 1998
| Transfer of real property - for contracts entered into on or after 1 January 1988 to 20 April 1998 |
| Dutiable Value Range |
Duty Rate |
| $0 to $20,000 |
1.4 per cent of the dutiable value of the property |
| > $20,000 to $100,000 |
$280 plus 2.4 per cent of the dutiable value in excess of $20,000 |
| > $100,000 to $760,000 |
$2,200 plus 6 per cent of the dutiable value in excess of $100,000 |
| More than $760,000 |
$41,800 plus 5.5 per cent of the dutiable value in excess of $760,000 |
For Contracts Entered Into Between 1 January 1984 and 31 December 1987
| Transfer of real property - for contracts entered into on or after 1 January 1984 to 31 December 1987 |
| Value of real property |
Stamp duty on value of property for every $100 or portion thereof |
| > $20 to $7,000 |
$1.45 |
| > $7,000 to $15,000 |
$1.70 |
| > $15,000 to $40,000 |
$1.95 |
| > $40,000 to $100,000 |
$2.20 |
| > $100,000 to $125,000 |
$3.00 |
| > $125,000 to $150,000 |
$3.50 |
| > $150,000 to $200,000 |
$3.75 |
| > $200,000 to $300,000 |
$4.25 |
| > $300,000 to $600,000 |
$4.75 |
| > $600,000 to $1,000,000 |
$5.25 |
| > $1,000,000 |
$5.50 |
For Contracts Entered Into Between 1 January 1983 and 31 December 1983
| Transfer of real property - for contracts entered into on or after 1 January 1983 to 31 December 1983 |
| Value of real property |
Stamp duty on value of property for every $100 or portion thereof |
| > $20 to $7,000 |
$1.45 |
| > $7,000 to $15,000 |
$1.70 |
| > $15,000 to $40,000 |
$1.95 |
| > $40,000 to $100,000 |
$2.20 |
| > $100,000 to $125,000 |
$2.45 |
| > $125,000 to $150,000 |
$2.70 |
| > $150,000 to $200,000 |
$2.95 |
| > $200,000 to $300,000 |
$3.45 |
| > $300,000 to $600,000 |
$3.70 |
| > $600,000 to $1,000,000 |
$4.20 |
| > $1,000,000 |
$4.45 |
For Contracts Entered Into Between 1 January 1982 and 31 December 1982
| Transfer of real property - for contracts entered into on or after 1 January 1982 to 31 December 1982 |
| Value of real property |
Stamp duty on value of property for every $100 or portion thereof |
| > $20 to $7,000 |
$1.50 |
| > $7,000 to $15,000 |
$1.75 |
| > $15,000 to $40,000 |
$2.00 |
| > $40,000 to $100,000 |
$2.25 |
| > $100,000 to $500,000 |
$2.50 |
| > $500,000 to $1,000,000 |
$3.00 |
| > $1,000,000 |
$3.50 |
This document was last reviewed on 27/01/2012