Stamp Duty Calculator

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Stamp Duty Calculator

When investing in a large-scale asset like commercial property, stamp duty should always be a primary consideration for calculating the initial cost base and expected returns. This expense is largely unavoidable and is often difficult to estimate before determining the final purchase price.

Fortunately, you can now integrate this amount into your decision-making process far sooner with the help of our commercial property stamp duty calculator from Rethink Investing.

Our easy-to-use calculator helps you understand the stamp duty costs associated with purchasing commercial property in Victoria, QLD, NSW or any other region in Australia, giving you the confidence to make the right choice for your financial situation.

Commercial Properties

Stamp Duty Calculator Notice For New South Wales

This calculator is exclusively intended for use by Australian nationals investing in commercial ventures.

When purchasing a property, a transfer duty must be paid based on either the property’s sale price or its current market value, whichever is higher. For properties valued at less than or equal to $3 million, the standard transfer duty rate applies. However, for properties valued over $3 million, the buyer has the option to pay either the standard transfer duty rate or the premium transfer duty rate. The premium transfer duty rate is only applicable to properties valued over $3 million.

How to Use Our Commercial Property Stamp Duty Calculator

Using our commercial property stamp duty calculator is incredibly simple:

  1. 1. As each state and territory will have different stamp duty rates and regulations, you will first need to select in which region your property is located.
  2. 2. If applicable to the region, you must indicate whether you are a first-home buyer.
  3. 3. Select the property type that applies to your situation – established home, new home, or vacant land.
  4. 4. Depending on the region, you may also need to indicate whether you are a resident or a foreign purchaser.
  5. 5. Enter the value of the commercial property you are considering.
  6. 6. Click ‘Calculate’ to see your results.
  7. 7. The calculator will present you with a breakdown of results stating all applicable transfer and stamp duty fees, as well as any potential concessions, such as the First Home Grant.

Ready to take the next step? Contact us for personalised advice and support today.

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What is Stamp Duty on a Commercial Property?

Stamp duty, also known as transfer duty, is a tax imposed by Australian state and territory governments on various transactions, including the transfer of commercial assets like real estate. It’s a major government revenue source and an essential cost to factor in when purchasing property, as it can significantly impact your overall investment.

Naturally, the amount of stamp duty you’re required to pay varies depending on the state or territory, property value, and property type.

Review our commercial property investing guide for more information.

When Do You Have to Pay Stamp Duty?

Stamp duty isn’t reserved solely for large expenses or assets, but for the nature of the transaction. For example, residential properties often carry eligibility for concessions or exemptions, especially with first-home buyers.

Commercial properties, on the other hand, aren’t so fortunate. Stamp duty is typically charged prior to the settlement of a property, either when it is being sold or when the title is transferred. In many states, the payment is due within a month of the duties assessment notice’s issue.

Unfortunately, there isn’t one standard rule to follow when reviewing stamp duty across the country. Interstate investors looking to purchase commercial property in Victoria may encounter different rules and regulations in NSW, and then again in QLD.

Before progressing with any transaction, be sure to review the associated rates set out in each state and territory:

For more detailed information about the potential stamp duty on a particular property you’re pursuing, speak with an experienced commercial buyer’s agent at Rethink Investing today.

Disclaimer

The information which you calculate from this calculator is intended for use by you as a guide only. This simulation and the resulting calculations are based on assumptions and do not relate specifically to your individual objective and personal financial position. The figures and formulae used within this calculator may change at any time without notice. We have assumed for the projections that interest rates do not change, the structure is interest only using excess cash flow to pay down the principal and fixed depreciation amount. Rethink Investing accepts no responsibility for any losses arising from any use of or reliance upon any calculations or conclusions reached using the calculator.