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How much is stamp duty when buying a house?

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What is stamp duty in Australia?

Stamp duty is a tax on property purchases or the transfer of land charged by all state governments across Australia. States may charge different amounts based on the purchase price, location and the purpose of the loan – e.g. if you’re a first home buyer or if you have owned a property before.

 

Do you have to pay stamp duty when you sell a house?

No, as it stands, it’s only buyers who pay the tax, not sellers.

 

How much is stamp duty when buying a house?

This is the fun part. There’s a lot of stamp duty calculators out there and it can get a bit confusing – so we asked our friend Tony Reeves from Stirling Conveyancing to give us a short break down. (You’re welcome)

 

A simple breakdown of Stamp Duty rates for WA property sales

A simple breakdown of Stamp Duty rates for WA property sales

Still have questions? Feel free to get in contact with Stirling Conveyancing on (08) 6160 6600 or check out their website www.stirlingcs.com.au

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