Stamp Duty on $1,000,000 in Australian Capital Territory
Standard buyer
$44,250
4.42% effective rate
First home buyer
$0
Saves $44,250
Foreign buyer
$114,250
Includes surcharge
Conveyance Duty breakdown: $1,000,000 in Australian Capital Territory
| Buyer type | Base duty | Adjustment | Total duty |
|---|---|---|---|
| Standard (owner-occupier/investor) | $44,250 | — | $44,250 |
| First home buyer (established) | $44,250 | −$44,250 | $0 |
| First home buyer (new build) | $44,250 | −$44,250 | $0 |
| Foreign purchaser | $44,250 | +$70,000 | $114,250 |
FY2025-26 rates. Verify with your state revenue office before proceeding.
Frequently asked questions
How much stamp duty on $1,000,000 in Australian Capital Territory?
A standard owner-occupier or investor pays $44,250 in conveyance duty on a $1,000,000 property in Australian Capital Territory (FY2025-26). This is an effective rate of 4.42%.
Do first home buyers pay stamp duty on $1,000,000 in Australian Capital Territory?
Yes, but with a concession. First home buyers purchasing an established home at $1,000,000 in Australian Capital Territory pay $0, a saving of $44,250 compared to the standard rate. Home Buyer Concession Scheme: nil duty for eligible buyers on properties ≤ $1M. Income-tested (individual < $160k, couple < $200k). Verify eligibility with ACT Revenue Office.
What is the total upfront cost for a $1,000,000 property in Australian Capital Territory?
For a standard buyer, the total upfront cost (purchase price + conveyance duty) is $1,044,250. This does not include conveyancing fees, building inspection, or mortgage costs.