NSW transfer duty rates
| Dutiable value | Duty |
|---|---|
| $0 – $17,000 | 1.25% (minimum $20) |
| $17,001 – $37,000 | $212 + 1.5% over $17,000 |
| $37,001 – $99,000 | $512 + 1.75% over $37,000 |
| $99,001 – $372,000 | $1,597 + 3.5% over $99,000 |
| $372,001 – $1,240,000 | $11,152 + 4.5% over $372,000 |
| $1,240,001 – $3,721,000 | $50,212 + 5.5% over $1,240,000 |
| Over $3,721,000 (premium duty) | $186,667 + 7% over $3,721,000 |
NSW indexes these thresholds each 1 July, and unlike Victoria or Queensland, charges investors and owner-occupiers identically. On common purchases: $30,412 at $800,000, $39,412 at $1,000,000, $48,412 at $1,200,000.
First Home Buyers Assistance Scheme
Eligible first home buyers pay $0 up to $800,000 on new or established homes — the most generous exemption threshold of any state, worth $30,412 at the cap. Between $800,001 and $1,000,000 a sliding concession applies (at $950,000 you still save about $9,290), disappearing entirely at $1,000,000. Vacant land is exempt to $350,000, tapering to $450,000. The usual conditions apply: at least one buyer has never owned Australian residential property, move in within 12 months, live there 12 continuous months.
Foreign purchasers
Foreign persons pay Surcharge Purchaser Duty of 9% — the highest in Australia, raised from 8% on 1 January 2025. On a $950,000 purchase that's $85,500 on top of $37,162 standard duty. Temporary visa holders, including 482 and student visas, generally count as foreign persons.