New South Wales Stamp Duty $1.5M β€” First Home Buyer | $64,512

A first home buyer purchasing a $1.5M property in New South Wales pays $64,512 in stamp duty.

Stamp Duty Payable

$64,512

on a $1.5M property in NSW

Buyer & Property Information

Stamp Duty Calculation

$64,512

Total Costs

$66,712

$6,813/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: $1,500,000
Bracket 6 (>$1,240,000): $50,212 + ($260,000 Γ— 5.5%)
= $64,512

First Home Buyer Stamp Duty Policy (NSW):

Exceeds first home buyer threshold, full stamp duty applies = $64,512

Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$64,512
Conveyancing / Legal Fees (est.)$2,200
Total Upfront Costs$66,712

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$300,000
Loan Amount$1,200,000

Mortgage Calculation (Principal & Interest)

Loan Amount$1,200,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$6,813
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $1,200,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $6,813
Total Repayment$2,452,848
Total Interest$1,252,848

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$7,187+373
ING5.99%$7,187+373
Commonwealth Bank6.09%$7,264+451
Macquarie Bank6.09%$7,264+451
UBank6.09%$7,264+451
Bendigo Bank6.14%$7,303+490
Bank of Queensland6.14%$7,303+490
ANZ6.39%$7,498+685
NAB6.44%$7,538+724
Suncorp6.54%$7,616+803
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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$1,500,000
Base Stamp Duty$64,512
Stamp Duty Payable$64,512

Frequently Asked Questions

How much stamp duty do I pay on a $1.5M property in New South Wales?β–Ύ
A first home buyer purchasing a $1.5M property in New South Wales pays $64,512 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 $1.5M purchase as a first home buyer, the effective rate is approximately 4.30%.

Compare Buyer Types β€” $1.5M in NSW

Owner Occupier$64,512Investor$64,512Foreign Buyer$199,512

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

$300k$0$500k$0$750k$0$900k$17,456$1M$39,412$1.25M$50,762$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 $1.5M β€” First Home Buyer | $64,512