Northern Territory Stamp Duty $500k β€” First Home Buyer | $23,929

A first home buyer purchasing a $500k property in Northern Territory pays $23,929 in stamp duty (after $608,571 concession).

Stamp Duty Payable

$23,929

on a $500k property in NT

Concession Saving

$608,571

vs standard rate

Buyer & Property Information

Stamp Duty Calculation

$608,571

Total Costs

$609,671

$2,271/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: $500,000
NT Formula: $500,000 Γ— (1.5 + $500,000 Γ— 0.00025) / 100
= $632,500

First Home Buyer Stamp Duty Policy (NT):

Property price is in partial exemption range:

Stamp Duty Discount = -$23,928.6
Final Duty Payable = $608,571.4
Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$608,571
Conveyancing / Legal Fees (est.)$1,100
Total Upfront Costs$609,671

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$632,500
Concession Savingβˆ’$608,571
Stamp Duty Payable$23,929

Frequently Asked Questions

How much stamp duty do I pay on a $500k property in Northern Territory?β–Ύ
A first home buyer purchasing a $500k property in Northern Territory pays $23,929 in stamp duty, after a concession saving of $608,571.
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 $500k purchase as a first home buyer, the effective rate is approximately 4.79%.

Compare Buyer Types β€” $500k in NT

Owner Occupier$632,500Investor$632,500Foreign Buyer$632,500

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

$300k$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 $500k β€” First Home Buyer | $23,929