Stamp Duty on $2,000,000 in New South Wales
Standard buyer
$93,055
4.65% effective rate
First home buyer
$93,055
No concession at this price
Foreign buyer
$253,055
Includes surcharge
Transfer Duty breakdown: $2,000,000 in New South Wales
| Buyer type | Base duty | Adjustment | Total duty |
|---|---|---|---|
| Standard (owner-occupier/investor) | $93,055 | — | $93,055 |
| First home buyer (established) | $93,055 | — | $93,055 |
| First home buyer (new build) | $93,055 | — | $93,055 |
| Foreign purchaser | $93,055 | +$160,000 | $253,055 |
FY2025-26 rates. Verify with your state revenue office before proceeding.
Frequently asked questions
How much stamp duty on $2,000,000 in New South Wales?
A standard owner-occupier or investor pays $93,055 in transfer duty on a $2,000,000 property in New South Wales (FY2025-26). This is an effective rate of 4.65%.
Do first home buyers pay stamp duty on $2,000,000 in New South Wales?
First home buyers in New South Wales do not receive a transfer duty concession at $2,000,000. The standard rate of $93,055 applies. Most concessions in New South Wales cut off below this price point.
What is the total upfront cost for a $2,000,000 property in New South Wales?
For a standard buyer, the total upfront cost (purchase price + transfer duty) is $2,093,055. This does not include conveyancing fees, building inspection, or mortgage costs.