Northern Territory Stamp Duty $300k β€” First Home Buyer | $23,929

A first home buyer purchasing a $300k property in Northern Territory pays $23,929 in stamp duty (after $205,571 concession).

Stamp Duty Payable

$23,929

on a $300k property in NT

Concession Saving

$205,571

vs standard rate

Buyer & Property Information

Stamp Duty Calculation

$205,571

Total Costs

$206,371

$1,363/Month

Stamp Duty Calculation

I Am a,, For the Purpose of

Buying a Property in State With a Price of $

NT Base Stamp Duty Calculation:

Property Price: $300,000
NT Formula: $300,000 Γ— (1.5 + $300,000 Γ— 0.00025) / 100
= $229,500

First Home Buyer Stamp Duty Policy (NT):

Property price is in partial exemption range:

Stamp Duty Discount = -$23,928.6
Final Duty Payable = $205,571.4
Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$205,571
Conveyancing / Legal Fees (est.)$800
Total Upfront Costs$206,371

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$60,000
Loan Amount$240,000

Mortgage Calculation (Principal & Interest)

Loan Amount$240,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$1,363
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $240,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $1,363
Total Repayment$490,570
Total Interest$250,570

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$1,437+75
ING5.99%$1,437+75
Commonwealth Bank6.09%$1,453+90
Macquarie Bank6.09%$1,453+90
UBank6.09%$1,453+90
Bendigo Bank6.14%$1,461+98
Bank of Queensland6.14%$1,461+98
ANZ6.39%$1,500+137
NAB6.44%$1,508+145
Suncorp6.54%$1,523+161
Compare home loan rates

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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$300,000
Base Stamp Duty$229,500
Concession Savingβˆ’$205,571
Stamp Duty Payable$23,929

Frequently Asked Questions

How much stamp duty do I pay on a $300k property in Northern Territory?β–Ύ
A first home buyer purchasing a $300k property in Northern Territory pays $23,929 in stamp duty, after a concession saving of $205,571.
Are there stamp duty concessions for first home buyers in Northern Territory?β–Ύ
Yes. Northern Territory offers first home buyer relief β€” exempt up to $0k with partial relief up to $0k.
When is stamp duty due in Northern Territory?β–Ύ
In Northern 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 Northern Territory?β–Ύ
Northern Territory uses a progressive bracket system. The exact rate depends on the purchase price β€” for a $300k purchase as a first home buyer, the effective rate is approximately 7.98%.

Compare Buyer Types β€” $300k in NT

Owner Occupier$229,500Investor$229,500Foreign Buyer$229,500

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

$500k$23,929$750k$0$900k$0$1M$0$1.25M$0$1.5M$0$2M$0$3M$0$5M$0

Need a Custom Calculation?

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

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Northern Territory Stamp Duty $300k β€” First Home Buyer | $23,929