The lowest stamp duty is in Queensland and the highest is in Victoria. NSW comes in around the middle of the Australian states.
Example - New South Wales
For a $1 million property in Sydney the stamp duty is now over $40,000. Under NSW law this is payable within 3 months. First home buyers can get a stamp duty discount, but only on a newly built home.
You can compare HSBC Australia's main home loans and interest rates here.
Compare our range of HSBC Home Loans.
Find the facts and figures you need to help make decisions.
Information to help you through the process of buying your home.
Let a Financial Planner help deliver the future you imagined.
The results do not take into account additional payments and assume interest rates remain the same for the life of the loan. HSBC does not predict how quickly or the amounts by which interest rates may change. Full terms and conditions available upon application. Fees and charges apply. Lending criteria apply. Credit provider is HSBC Bank Australia Limited ABN 48 006 434 162.