What is Stamp Duty?

Stamp duty is a government tax collected by NSW Revenue, generally imposed on purchasers of property. The stamp duty amount depends on various factors including but not limited to the purchase price, contract date and residency status. Foreign purchasers may be liable for surcharge stamp duty. There are various exemptions to stamp duty including for first home buyers. We recommend contacting NSW Revenue directly to ascertain if you are eligible for any exemptions or surcharge stamp duty.