Stamp Duty on $600,000 in New South Wales (2025-26)

Stamp duty on a $600,000 property in New South Wales is estimated at $21,412. Including transfer and mortgage registration fees, upfront government costs are about $21,720. This page breaks down each amount and shows concession scenarios.

Stamp duty in New South Wales

New South Wales uses a progressive bracket system for transfer duty. NSW has the highest median property prices in Australia, so stamp duty bills tend to be significant. First Home Buyer Assistance Scheme provides exemptions on homes up to $800,000 and concessions between $800,000 and $1,000,000. NSW also offers a choice between upfront stamp duty and an annual property tax for first home buyers.

Policy note: From 2023, eligible first home buyers in NSW can opt into the First Home Buyer Choice — paying an annual property tax instead of upfront stamp duty. This can reduce the upfront cost significantly, but means ongoing annual payments. The scheme applies to properties up to $1.5 million.

Foreign buyer surcharge: Foreign buyers in NSW pay an 8% surcharge on top of standard transfer duty. On a $1 million property, that adds $80,000 to the stamp duty bill.

Stamp duty $21,412.00 NSW transfer duty on $600,000

Effective rate 3.57%

Total upfront $21,720.00

Transfer fee $154.00

Cost Breakdown

Purchase price	$600,000
Stamp duty (NSW)	$21,412.00
Transfer registration fee	$154.00
Mortgage registration fee	$154.00
Total upfront government costs	$21,720.00
Effective stamp duty rate	3.57%

First Home Buyer Concession

Standard stamp duty	$21,412.00
First home buyer duty	$0.00
FHB saving	$21,412.00

Use our NSW First Home Buyer Calculator to check eligibility and get a detailed breakdown.

Compare Nearby Prices in NSW

Price	Stamp Duty	Effective Rate
$500,000	$16,912.00	3.38%
$600,000	$21,412.00	3.57%
$700,000	$25,912.00	3.70%

Compare $600,000 Across States

State	Stamp Duty	Effective Rate
NSW	$21,412.00	3.57%
VIC	$31,070.00	5.18%
QLD	$20,025.00	3.34%
SA	$26,830.00	4.47%
WA	$22,515.00	3.75%
TAS	$22,498.00	3.75%
NT	$29,700.00	4.95%
ACT	$15,550.00	2.59%

Buying in this price range

The $500,000 to $800,000 range covers established houses in middle suburbs and larger apartments. Many first home buyer concessions phase out in this band — NSW FHB concessions taper between $800,000 and $1,000,000, VIC between $600,000 and $750,000. This is where stamp duty starts to feel substantial: at $700,000 in NSW, duty is approximately $27,000, equivalent to several years of savings for many buyers.

FHB concessions phase out — check your threshold

Several states apply sliding scale concessions in this range. In VIC, the FHB concession phases from full exemption at $600,000 to zero at $750,000. In NSW, concessions apply up to $1,000,000. A property priced $10,000 above a threshold can cost thousands more in duty — negotiate the purchase price with this in mind.

Stamp duty vs higher deposit trade-off

At $700,000, stamp duty in most states is $15,000-$30,000. This is money that cannot go toward your deposit, potentially pushing you into Lenders Mortgage Insurance (LMI) territory. Some lenders allow stamp duty to be capitalised into the loan, but this increases your total interest cost.

Owner-occupier vs investor rates differ

In VIC (PPR concession) and QLD (Home Concession), owner-occupiers pay significantly less duty than investors. On a $700,000 property in QLD, the home concession saves approximately $8,000. Make sure your conveyancer applies the correct rate.

Typical buyers: Upgraders, young families, first home buyers near capital cities, and established professionals purchasing their second property.

Frequently Asked Questions

How much is stamp duty on a $600,000 property in NSW?

Stamp duty on a $600,000 property in New South Wales is $21,412. This represents an effective stamp duty rate of 3.57% of the purchase price. Including transfer and mortgage registration fees, total upfront government costs are $21,720.

What are the total upfront costs on a $600k property in NSW?

For a $600,000 property in New South Wales, total upfront government costs are approximately $21,720. This includes stamp duty of $21,412, a transfer registration fee of $154, and a mortgage registration fee of $154.

Can first home buyers get a stamp duty concession on $600k in NSW?

Yes. First home buyers purchasing a $600,000 property in New South Wales may pay no stamp duty (full exemption), saving $21,412 compared to the standard rate. Eligibility conditions apply — use our NSW First Home Buyer calculator for details.

How is stamp duty calculated in NSW?

New South Wales uses a progressive bracket system for stamp duty. The rate increases as the property value rises, similar to income tax brackets. Only the portion of the price within each bracket is taxed at that bracket's rate. Use our interactive NSW Stamp Duty Calculator for a detailed breakdown.

Need a detailed calculation?

Our interactive NSW Stamp Duty Calculator lets you enter any property value and see a full breakdown of duty, fees, and concessions.

First home buyer? Check your eligibility with the NSW First Home Buyer Calculator.