Stamp duty on a $975,000 house in NSW

New South Wales · transfer duty

$38,062

Transfer duty on a $975,000 property in New South Wales at the standard rate. Verified 16 July 2026, source: Revenue NSW.

First home buyer: $33,304.25

A $975,000 value falls in the $387,001 to $1,290,000 band, where duty is $11,602 + $4.50 per $100 over $387,000 $38,062 in total.

Stamp duty calculator

NSW
$38,062 transfer duty
Standard (general) duty
$38,062

NSW figures from Revenue NSW. Estimate only — your conveyancer and the revenue office confirm the exact duty. Full breakdown for $975,000 in NSW

What a first home buyer or owner-occupier pays

$38,062Standard / investor rate
$33,304.25First home buyer

Concessional — duty phases in linearly from $800,000 to $1,000,000. First home buyer duty in NSW

Deposit, loan and repayments at $975,000

DepositDeposit amountLoanApprox. monthlyIndicative LMI
20% (no LMI)$195,000$780,000$4,676.49$0
10%$97,500$877,500$5,261.06$18,428

Repayments assume 6% p.a. over 30 years; LMI is an indicative estimate. Adjust the rate and term →

The same price in other states

StateDuty on $975,000
New South Wales$38,062
Victoria$53,625view
Queensland$36,900view
Western Australia$41,328view

Compare all eight states side by side →

NSW transfer duty schedule

NSW transfer duty (general rate). The band for $975,000 is highlighted.
Dutiable valueDuty payable
Up to $18,000$1.25 per $100 (minimum $20)
$18,001 to $38,000$225 + $1.50 per $100 over $18,000
$38,001 to $103,000$525 + $1.75 per $100 over $38,000
$103,001 to $387,000$1,662 + $3.50 per $100 over $103,000
$387,001 to $1,290,000$11,602 + $4.50 per $100 over $387,000
$1,290,001 to $3,870,000$52,237 + $5.50 per $100 over $1,290,000
Over $3,870,000$194,137 + $7.00 per $100 over $3,870,000

Nearby prices in NSW

Common questions

How much is stamp duty on a $975,000 property in New South Wales?
Transfer duty is $38,062 at the NSW general rate for a $975,000 property, calculated from the Revenue NSW schedule. As a first home buyer, a concession brings this down to about $33,304.25.
Is stamp duty paid on top of the purchase price?
Yes. The $38,062 duty is separate from the $975,000 price and is normally paid at settlement. On a 20% deposit of $195,000, budget for the duty as an additional upfront cost.
What deposit and loan do I need for a $975,000 home?
A 20% deposit is $195,000, leaving a $780,000 loan (about $4,676.49 a month at 6% over 30 years, no LMI). With a 10% deposit of $97,500 the loan is $877,500 and indicative LMI is around $18,428.
Do foreign buyers pay extra duty in New South Wales?
Foreign purchasers usually pay an additional surcharge on top of transfer duty. It is charged separately from the $38,062 owner-occupier figure — confirm the current surcharge rate with Revenue NSW.