Australian Capital Territory Stamp Duty $2M β€” First Home Buyer | $0

A first home buyer purchasing a $2M property in Australian Capital Territory pays $0 in stamp duty (after $24,743 concession).

Stamp Duty Payable

$0

on a $2M property in ACT

Concession Saving

$24,743

vs standard rate

Buyer & Property Information

Stamp Duty Calculation

$0

Total Costs

$2,200

$9,085/Month

Stamp Duty Calculation

I Am a,, For the Purpose of

Buying a Property in State With a Price of $

ACT Base Stamp Duty Calculation:

Property Price: $2,000,000
Bracket 7 (>$1,455,000): $0 + ($545,000 Γ— 4.54%)
= $90,800

First Home Buyer Stamp Duty Policy (ACT):

First Home Buyer Stamp Duty: Full Exemption

Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$0
Conveyancing / Legal Fees (est.)$2,200
Total Upfront Costs$2,200

Conveyancing fee is an estimate only (typically $800–$2,500). Actual fees vary by conveyancer/solicitor and state.

Stamp Duty Comparison by State

Loan Calculation

Deposit Ratio: %
Loan Term: Years
Interest Rate: %
Deposit Amount$400,000
Loan Amount$1,600,000

Mortgage Calculation (Principal & Interest)

Loan Amount$1,600,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$9,085
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $1,600,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $9,085
Total Repayment$3,270,465
Total Interest$1,670,465

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$9,583+498
ING5.99%$9,583+498
Commonwealth Bank6.09%$9,686+601
Macquarie Bank6.09%$9,686+601
UBank6.09%$9,686+601
Bendigo Bank6.14%$9,737+653
Bank of Queensland6.14%$9,737+653
ANZ6.39%$9,998+913
NAB6.44%$10,050+965
Suncorp6.54%$10,155+1,071
Compare home loan rates

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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$2,000,000
Base Stamp Duty$24,743
Concession Savingβˆ’$24,743
Stamp Duty Payable$0

Frequently Asked Questions

How much stamp duty do I pay on a $2M property in Australian Capital Territory?β–Ύ
A first home buyer purchasing a $2M property in Australian Capital Territory pays $0 in stamp duty, after a concession saving of $24,743.
Are there stamp duty concessions for first home buyers in Australian Capital Territory?β–Ύ
Yes. Australian Capital Territory offers first home buyer relief β€” exempt up to $Infinityk with partial relief up to $Infinityk.
When is stamp duty due in Australian Capital Territory?β–Ύ
In Australian Capital Territory, stamp duty (transfer duty) is generally due within 3 months of signing the contract, or on settlement β€” whichever is earlier.
What is the stamp duty rate in Australian Capital Territory?β–Ύ
Australian Capital Territory uses a progressive bracket system. The exact rate depends on the purchase price β€” for a $2M purchase as a first home buyer, the effective rate is approximately 0.00%.

Compare Buyer Types β€” $2M in ACT

Owner Occupier$24,743Investor$24,743Foreign Buyer$24,743

Stamp Duty at Other Prices β€” ACT First Home Buyer

$300k$0$500k$0$750k$0$900k$0$1M$0$1.25M$0$1.5M$0$3M$0$5M$0

Need a Custom Calculation?

Use our full Australian Capital Territory stamp duty calculator for exact amounts with your specific property details.

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Australian Capital Territory Stamp Duty $2M β€” First Home Buyer | $0