New South Wales Stamp Duty $1.25M β€” First Home Buyer | $50,762

A first home buyer purchasing a $1.25M property in New South Wales pays $50,762 in stamp duty.

Stamp Duty Payable

$50,762

on a $1.25M property in NSW

Buyer & Property Information

Stamp Duty Calculation

$50,762

Total Costs

$52,962

$5,678/Month

Stamp Duty Calculation

I Am a,, For the Purpose of

Buying a Property in State With a Price of $

NSW Base Stamp Duty Calculation:

Property Price: $1,250,000
Bracket 6 (>$1,240,000): $50,212 + ($10,000 Γ— 5.5%)
= $50,762

First Home Buyer Stamp Duty Policy (NSW):

Exceeds first home buyer threshold, full stamp duty applies = $50,762

Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$50,762
Conveyancing / Legal Fees (est.)$2,200
Total Upfront Costs$52,962

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$250,000
Loan Amount$1,000,000

Mortgage Calculation (Principal & Interest)

Loan Amount$1,000,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$5,678
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $1,000,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $5,678
Total Repayment$2,044,040
Total Interest$1,044,040

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$5,989+311
ING5.99%$5,989+311
Commonwealth Bank6.09%$6,053+376
Macquarie Bank6.09%$6,053+376
UBank6.09%$6,053+376
Bendigo Bank6.14%$6,086+408
Bank of Queensland6.14%$6,086+408
ANZ6.39%$6,249+571
NAB6.44%$6,281+603
Suncorp6.54%$6,347+669
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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$1,250,000
Base Stamp Duty$50,762
Stamp Duty Payable$50,762

Frequently Asked Questions

How much stamp duty do I pay on a $1.25M property in New South Wales?β–Ύ
A first home buyer purchasing a $1.25M property in New South Wales pays $50,762 in stamp duty.
Are there stamp duty concessions for first home buyers in New South Wales?β–Ύ
Yes. New South Wales offers first home buyer relief β€” exempt up to $800k with partial relief up to $1000k.
When is stamp duty due in New South Wales?β–Ύ
In New South Wales, 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 New South Wales?β–Ύ
New South Wales uses a progressive bracket system. The exact rate depends on the purchase price β€” for a $1.25M purchase as a first home buyer, the effective rate is approximately 4.06%.

Compare Buyer Types β€” $1.25M in NSW

Owner Occupier$50,762Investor$50,762Foreign Buyer$163,262

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

$300k$0$500k$0$750k$0$900k$17,456$1M$39,412$1.5M$64,512$2M$92,012$3M$147,012$5M$257,012

Need a Custom Calculation?

Use our full New South Wales stamp duty calculator for exact amounts with your specific property details.

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New South Wales Stamp Duty $1.25M β€” First Home Buyer | $50,762