NON-First Time Buyers purchasing Established Home for Primary Residence are the most popular category of people buying a house in Australia. And $600,000 is the most popular property value entered into our stamp duty calculator for Victoria. This amount is #3 in New South Wales, Queensland and Western Australia; #4 in ACT, Northern Territory and South Australia; and #6 in Tasmania. So how much is stamp duty tax in each of these states if you want to buy $600k house?
Here's the table of stamp duty payable on 600000 dollar house for each state.
Stamp Duty on $600,000:
| State | Stamp Duty Payable |
|---|---|
NSW | $21,735 |
ACT | $13,274 |
NT | $29,700 |
VIC | $31,070 |
TAS | $22,497.50 |
SA | $26,830 |
QLD | $12,850 |
WA | $22,515 |
This data may explain why Victorian government applied stamp duty concessions only to First Home Buyers - because they get the most income from Non-First Home Buyers! Cheeky buggers :)
We should note we used a scenario where a person is NOT a First Time Buyer and purchasing Established Home for Primary Residence. If you are Foreign Purchaser you will pay extra in some states. Also amount may differ if you select different options.
Please use our stamp duty calculator to see what you should pay for your situation.