New South Wales Stamp Duty $500k β€” First Home Buyer | $0

A first home buyer purchasing a $500k property in New South Wales pays $0 in stamp duty (after $16,912 concession).

Stamp Duty Payable

$0

on a $500k property in NSW

Concession Saving

$16,912

vs standard rate

Buyer & Property Information

Stamp Duty Calculation

$0

Total Costs

$1,100

$2,271/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: $500,000
Bracket 5 ($372,000-$1,240,000): $11,152 + ($128,000 Γ— 4.5%)
= $16,912

First Home Buyer Stamp Duty Policy (NSW):

First Home Buyer Stamp Duty: Full Exemption

Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$0
Conveyancing / Legal Fees (est.)$1,100
Total Upfront Costs$1,100

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$100,000
Loan Amount$400,000

Mortgage Calculation (Principal & Interest)

Loan Amount$400,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$2,271
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $400,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $2,271
Total Repayment$817,616
Total Interest$417,616

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$2,396+124
ING5.99%$2,396+124
Commonwealth Bank6.09%$2,421+150
Macquarie Bank6.09%$2,421+150
UBank6.09%$2,421+150
Bendigo Bank6.14%$2,434+163
Bank of Queensland6.14%$2,434+163
ANZ6.39%$2,499+228
NAB6.44%$2,513+241
Suncorp6.54%$2,539+268
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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$500,000
Base Stamp Duty$16,912
Concession Savingβˆ’$16,912
Stamp Duty Payable$0

Frequently Asked Questions

How much stamp duty do I pay on a $500k property in New South Wales?β–Ύ
A first home buyer purchasing a $500k property in New South Wales pays $0 in stamp duty, after a concession saving of $16,912.
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 $500k purchase as a first home buyer, the effective rate is approximately 0.00%.

Compare Buyer Types β€” $500k in NSW

Owner Occupier$16,912Investor$16,912Foreign Buyer$61,912

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

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