What is stamp duty?
Stamp duty is a one-off government payment that you will be required to make when you purchase land or property. This fee varies depending on the state and territory in which you're purchasing the property.
This is one of those extras that could add up when you're buying a home. As an incentive for first home buyers, some Australian states and territories offer stamp duty concessions to those purchasing their first property, if the cost of the property is under a certain amount.
To find out your stamp duty cost, refer to our stamp duty section.