Stamp Duty Calculator SA
DISCLAIMER: IMPORTANT INFORMATION ABOUT OUR STAMP DUTY CALCULATORS
The calculator on this website is offered for informational purposes only, serving to demonstrate possible scenarios. The results generated by the calculator are intended solely as a general guide and an estimation, founded upon the data you have supplied. It is essential to understand that reliance on the calculator for making legal or financial decisions is not advised.
The outcome provided by this tool is not a replacement for expert consultation and should not be interpreted as professional counsel. It is important to consider obtaining independent legal, financial, taxation, or other advice that pertains to your particular situation.
Broker Circle Pty Ltd exercises due diligence in the creation and maintenance of this calculator; nevertheless, we do not guarantee the accuracy or suitability of the information provided for your specific circumstances, nor do we suggest any specific course of action based on these calculations. The calculator is configured for purchasing owner-occupied homes only and its use is not intended for land purchases or investment properties. Be aware that additional fees and charges may apply.
Last updated: 5 August 2023. BrokerCircle's calculator reflects the updates for the 2023-2024 financial year.
Frequently asked questions
Everything you need to know about SA stamp duty
What are the current stamp duty rates in South Australia?
In South Australia (SA), stamp duty, or transfer duty, is imposed progressively depending on the value of the property. Properties under $200,000 that are owner-occupied or are business assets are eligible for a concessional rate of duty. The following table provides the duty rates for residential properties occupied by their owners, including the concessional rate:
- For property values of $12,000 or less, the rate is $1.00 per $100 or part thereof.
- For property values from $12,001 to $30,000, the rate is $120 plus $2.00 per $100 over $12,000.
- For property values from $30,001 to $50,000, the rate is $480 plus $3.00 per $100 over $30,000.
- For property values from $50,001 to $100,000, the rate is $1,080 plus $3.50 per $100 over $50,000.
- For property values from $100,001 to $200,000, the rate is $2,830 plus $4.00 per $100 over $100,000.
- For property values from $200,001 to $250,000, the rate is $6,830 plus $4.25 per $100 over $200,000.
- For property values from $250,001 to $300,000, the rate is $8,955 plus $4.75 per $100 over $250,000.
- For property values from $300,001 to $500,000, the rate is $11,330 plus $5.00 per $100 over $300,000.
- For property values over $500,000, the rate is $21,330 plus $5.50 per $100 over $500,000.
Investment properties are not subject to these rates. First home buyers may qualify for additional concessions.
What are the fees for property transfers and mortgage registrations?
The SA government levies additional charges for the transfer and financing of property. Transfer fees, or transfer registration fees, are incurred to record a new owner's interest in a property and are based on the property's value. The mortgage registration fee for those securing a property with a loan is a standardised charge of $187 for the financial year 2023-24.
Are there any stamp duty concessions for first home buyers in South Australia?
Yes, as of 15 June 2023, first home buyers in South Australia can access stamp duty exemptions or concessions depending on the property's purchase price, known as First Home Buyer Stamp Duty Relief.
Homes valued below $650,000 are exempt from stamp duty, while those priced between $650,000 and $700,000 benefit from a concessional rate. Different thresholds apply to vacant land. Eligibility for these concessions requires meeting several conditions:
At least one applicant must be an Australian permanent resident, citizen, or a New Zealand citizen residing in Australia under a Special Category Visa.
All applicants must be over 18 years of age.
None of the applicants should have owned property for longer than six months.
Applicants must not have previously received a first home buyer stamp duty concession elsewhere.
Companies and trusts are typically ineligible, barring circumstances of legal disability.
A once-off First Home Owner's Grant may be available for properties under $650,000.
Is there a foreign owner surcharge for property purchases in South Australia?
Foreign purchasers in South Australia incur an additional surcharge of 7% on the property's value, which is in addition to the standard stamp duty. This surcharge does not apply to Australian citizens, permanent residents, or New Zealand citizens with a special category visa. If a foreign owner and a non-foreign partner jointly buy a property, the foreign owner must pay the 7% surcharge on their share of the property.
Foreign owners who acquire Australian permanent residency or citizenship within 12 months of the transaction may apply for a refund of the surcharge.
Please be aware that other costs may also be applicable in addition to this duty surcharge.
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