Stamp duty and buying in South Australia
How transfer duty is calculated, the costs around it and the concessions worth checking before you buy.
What stamp duty is
Transfer duty, commonly called stamp duty, is a South Australian state tax charged when property changes hands. It is generally calculated on the purchase price or market value, whichever is higher.
Because the amount can be substantial, it belongs in the buying budget before an offer is made, alongside conveyancing, inspections, finance costs and moving expenses.
Before you make an offer
Calculate the duty
Use the current RevenueSA calculator and confirm the result with your conveyancer.
Check concessions
Eligibility and property requirements change. Check the rules that apply on the date of your transaction.
Allow for the extras
Include inspections, conveyancing, lender fees, insurance and moving costs.
Timing and settlement
Your conveyancer will usually arrange payment as part of settlement. If funds are tight or another property must settle first, raise that early with your lender and conveyancer rather than relying on an estimate.
Advice for your property, not a generic market.
Contact Tony Lawson to apply the evidence to your plans.