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Stamp duty in the ACT

If you’re buying a property in the ACT, you’ll need to pay stamp duty, or conveyance duty, but you may be eligible for a discount or concession.

What is stamp duty?

Conveyance duty, or stamp duty is the tax you pay when you buy a property in the Australian Capital Territory. How much you pay depends on the type of property you're buying, how much you earn (or your combined income, if you're buying as a couple), and whether or not it's your first home.

ACT Stamp duty calculator

You can use Finder's stamp duty calculator to estimate your stamp duty obligations. Be sure to set the state/territory to ACT before starting.

This is just an estimate and may not reflect your actual costs.

How to use the ACT stamp duty calculator

  1. Enter your property value (or an estimate).
  2. Pick ACT as your state/territory.
  3. Select Live-in (if you're buying a home), Investment (for an investment property) or Vacant land (if building on a vacant lot).
  4. If you've never owned a home before select Yes for First Home Buyer (you may get a stamp duty discount).

Finder survey: What do people think is the biggest hurdle to getting a home loan?

ResponseMaleFemale
The deposit42.97%40%
Getting approved for a loan with a good interest rate23.12%26.95%
Finding the right property15.03%13.39%
Getting a loan without typical employment8.29%10.34%
Nothing - I do not think there are hurdles6.36%5.59%
Previous debts3.47%3.22%
Other0.77%0.51%
Source: Finder survey by Pure Profile of 1112 Australians, December 2023

How much is stamp duty in the ACT?

Stamp duty in the ACT is calculated based on the value of the property (called the dutiable value). There are different rates of stamp duty for owner-occupiers and other types of property buyers (such as investors).

Here are the rates of conveyance duty in the ACT for owner-occupiers.

Property valueDuty rate (owner-occupier)
Up to $260,000$0.60 for every $100 of the dutiable value
Between $260,001 and $300,000$1,560, plus $2.20 for every $100 over $260,000
Between $300,001 and $500,000$2,440, plus $3.40 for every $100 over $300,000
Between $500,001 and $750,000$9,240, plus $4.32 for every $100 over $500,000
Between $750,001 and $1,000,000$20,040, plus $5.90 for every $100 over $750,000
Between $1,000,000 and $1,455,000$34,790, plus $6.40 for every $100 over $1,000,000
More than $1,455,000A flat rate of $4.45 per $100, applied to the total value

Stamp duty concessions for home buyers

The ACT doesn't have a concession scheme exclusively for first home buyers, but they are covered by the home buyer concession, provided they meet the other qualifying criteria.

This concession allows home buyers to avoid stamp duty, depending on their household income and number of dependent children. If your income meets thresholds below, you can avoid stamp duty.

Number of dependentsTotal gross income threshold
0$170,000
1$173,330
2$176,660
3$179,990
4$183,320
5 or more$186,650

To qualify for a home buyer concession, buyers in the ACT must also meet these criteria:

  • Be 18 or over
  • Have income below a specified threshold
  • Must not have owned another property in the previous two years
  • Must live in the home continuously for one year, within twelve months of settlement

Example

Matt is buying his first home in Canberra, valued at $750,000. His income is $110,000, he's over 18, and he's planning on moving into the property right away, so he qualifies for the home buyer discount. Matt won't need to pay any stamp duty on his home purchase.

When is stamp duty payable?

If you don't qualify for the home buyer concession, you will need to download and fill in the ACT Government's Buyer Verification Declaration form, and submit it to Access Canberra, along with the required documents and proof of your identity within 14 days.

For most buyers, your conveyancer will handle most of this for you.

More questions about ACT stamp duty

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Editor

Richard Whitten is a money editor at Finder, and has been covering home loans, property and personal finance for 6+ years. He has written for Yahoo Finance, Money Magazine and Homely; and has appeared on various radio shows nationwide. He holds a Certificate IV in mortgage broking and finance (RG 206), a Tier 1 Generic Knowledge certification and a Tier 2 General Advice Deposit Products (RG 146) certification. See full bio

Richard's expertise
Richard has written 526 Finder guides across topics including:
  • Home loans
  • Property
  • Personal finance
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