Stamp duty in the ACT is calculated on a sliding scale according to your property value.
The table below shows the rates for owner-occupied properties, starting 1 July 2023.
Stamp duty rates differ if you are buying an investment property. If you are a first home buyer, you may be eligible for additional concessions.
The government charges additional fees for land purchases and mortgages.
Transfer registration fees, also known as land transfer fee in the ACT, are charged for registering your interest in the property. This is a flat fee of $429 in the ACT (current as of April 2023).
Mortgage registration fees in the ACT are also a flat fee, which is $160 for the 2022-2023 financial year.
In the ACT, there is an income-based stamp duty concession for buyers who have not owned a property in the past 2 years, including first home buyers.
This concession is capped at a total of $34,504, as of July 2023. If your stamp duty is under this cap, you will get a full stamp duty exemption. Above this cap, you will receive a discount of $34,504 on your stamp duty.
Eligibility is assessed based on household income and the number of dependents. Household income must be less than or equal to the caps shown:
Additional eligibility criteria are as follows:
- Applicants must be at least 18 years old
- Applicants and their partners must not have owned a property in the last 2 years
- At least one applicant must live in the home continuously for one year, within one year of settlement.
There is an additional land tax in the ACT for foreign owners. However, an exemption applies if the ACT property is their primary place of residence.
OwnHome Services Pty Ltd ACN 664 492 059. The calculator on this website is provided for your information only and is to illustrate scenarios. The calculator results are intended as a guide only and are an estimate or approximate guide only, based on the information you input. The calculator should not be relied upon for the purposes of entering into any legal or financial commitments.
The results should not be taken as a substitute for professional advice, and do not constitute professional advice. You should consider seeking independent legal, financial, taxation or other advice for your unique circumstances.
All reasonable care has been taken in preparing and designing the calculator; however, OwnHome Services Pty Ltd provides no warranties and makes no representation that the information provided by the calculator is correct, appropriate for your particular circumstances, or indicates you should follow a particular course of action. Calculations are for buying owner-occupied homes, and do not apply to land nor to investment properties. Other fees and charges may also apply.