Stamp Duty Valuation

What is stamp duty?

Stamp duty is the duty or tax charged by state governments and territories for certain types of dutiable transactions including property. The laws and charges vary between states and territories.

Generally, if a property is purchased the tax is paid by the purchaser of the asset on transfer. For this reason stamp duty is sometimes referred to as transfer duty. This is payable to the State Revenue Office. Stamp duty can be levied on the sale or transfer of a range of assets including residential property or business assets.

What is the purpose of stamp duty?

Stamp duty exists to generate government revenue and to ensure that property transactions (especially those involving related parties or legal structures) are taxed fairly according to the unencumbered value of the property.

What is a stamp duty assessment?

A stamp duty assessment is used to work out how much stamp duty should be paid on a property transfer. It’s often needed when the price being paid doesn’t reflect what the property is actually worth. For example, when it’s being transferred between family members, into a trust, or as part of a gift.

In these situations, a formal valuation is required to confirm the property’s fair market value. This helps the State Revenue Office make sure the right amount of duty is paid.

At Acumentis, our stamp duty valuation reports follow national standards set by the Australian Property Institute and reflect what the property would sell for in a normal, open market.

These valuations are supported by fair market value calculations, which take into account comparable property sales, location factors, and the condition of the asset — all to ensure your assessment is accurate and defensible.

Why is an assessment required?

In many cases, stamp duty is based on the contract price of a residential or commercial property. But when the transaction isn’t a standard sale — such as when the property is transferred between related parties, into a superannuation fund, trust, or legal entity — a formal property valuation for stamp duty purposes may be required.

These types of dutiable transactions can occur for a range of reasons, including gifting, estate settlement, capital gains tax planning, business-related restructuring, or even the transfer of an easement or lease. In these cases, the value of the property may not be obvious, and the amount of stamp duty you pay depends on its fair market value, not just the price stated in a contract.

A certified valuation confirms the property’s unencumbered value (its full value without any debts or conditions attached) and helps show that the transfer was made on an arm’s length basis, meaning it was fair and independent, just like a normal sale between unrelated parties.

Why choose Acumentis?

Australia’s only independent property valuation and advisory services firm listed on the Australian Stock Exchange. Trusted nationally by financial institutions, government agencies, companies, professional service firms and the Australian public to deliver insightful advice and expertise.

Over 300 qualified valuers and property experts located across 40 offices throughout Australia. This means you can be confident of their local knowledge of relevant stamp duty laws in your state.

Our team of certified property valuers are accredited by the Australian Property Institute and have extensive experience in delivering accurate, compliant stamp duty valuation reports for residential, commercial, and business assets in all states and territories. 

Your assessment reports are provided with speed and accuracy to meet your specific requirements.

Stamp Duty Valuation FAQs

You need a stamp duty valuation to make sure you’re paying the correct amount of stamp duty based on the fair market value of the property at the time of the transaction. This is especially important when the purchase price doesn’t reflect the market value, such as in transfers between related parties, legal entities, or family trusts. In short, it helps you avoid overpaying or underpaying stamp duty.

This refers to the value used to determine the amount of stamp duty payable. For standard purchases, it may be the purchase price. However, for transfers between related parties or legal entities, the unencumbered value (or fair market value) must be established via a formal valuation.

Stamp duty is calculated based on the dutiable value of the property, which is often the higher of the purchase price or the property’s market value. The specific amount of stamp duty you’ll pay depends on your state or territory’s legislation and whether the transaction is considered arm’s length.

The purchase price is the amount agreed upon between buyer and seller. The fair market value is the estimate of what the property would sell for on the open market between unrelated parties acting at arm’s length. Stamp duty is calculated using whichever is higher.

Yes, stamp duty (also known as transfer duty) varies significantly across Australia's states and territories. Each jurisdiction sets its own rates, thresholds, exemptions, and surcharges, which can substantially impact the amount payable on a property transaction. 

Here's an overview of the structure of stamp duty by state as of 2025:

Stamp Duty Valuation NSW

  • Standard Rates: Progressive rates up to 5.5%.
  • Premium Property Rate: 7% applies to residential properties over $3 million.
  • Foreign Purchaser Surcharge: 9% on residential property acquisitions.
  • First Home Buyer Assistance: Exemptions or concessions for homes up to $800,000.

Stamp Duty Valuation Victoria (VIC)

  • Standard Rates: Up to 5.5% for properties over $960,000.
  • Premium Rate: 6.5% for properties over $2 million.
  • Foreign Purchaser Surcharge: 8% on residential properties.
  • Off-the-Plan Concessions: Stamp duty calculated on land value before construction for eligible purchases. 

Stamp Duty Valuation Queensland (QLD)

  • Standard Rates: Up to 5.75% for properties over $1 million.
  • Foreign Purchaser Surcharge: 7% on residential property acquisitions.
  • First Home Buyer Concessions: Exemptions for homes up to $700,000; concessions taper up to $800,000. 

Stamp Duty Valuation Western Australia (WA)

  • Standard Rates: Up to 5.15% for properties over $725,000.
  • Foreign Purchaser Surcharge: 7% on residential properties.
  • First Home Owner Grant: Exemptions for homes up to $430,000; concessions up to $530,000.

Stamp Duty Valuation South Australia (SA)

  • Standard Rates: Up to 5.5% for properties over $500,000.
  • Foreign Purchaser Surcharge: 7% on residential properties.
  • First Home Buyer Exemptions: Full exemptions for new homes and vacant land purchases; no property value cap.

Stamp Duty Valuation Tasmania (TAS)

  • Standard Rates: Up to 4.5% for properties over $725,000.
  • Foreign Purchaser Surcharge: 8% on residential and primary production land.
  • First Home Buyer Concessions: 50% discount on properties up to $600,000

Stamp Duty Valuation Australian Capital Territory (ACT)

  • Standard Rates: Varies; up to 5% for properties over $1.9 million.
  • Foreign Purchaser Surcharge: 0.75% on residential land.
  • First Home Buyer Concessions: Full exemptions for eligible buyers under certain income thresholds.

Stamp Duty Valuation Northern Territory (NT)

  • Standard Rates: Up to 5.95% for properties over $500,000.
  • Foreign Purchaser Surcharge: Not applicable.
  • First Home Owner Grant: $10,000 for new homes; no stamp duty concessions currently available.

Note: Stamp duty calculations are typically based on the higher of the property's purchase price or its unencumbered market value. It's essential to consult with a qualified property valuer to obtain an accurate stamp duty valuation report, especially in transactions involving related parties or non-standard conditions.

For precise calculations and to explore potential exemptions or concessions, it's advisable to use the official stamp duty calculators provided by each state's revenue office or consult with a property valuation expert.

Your team of
experts

Contact one of our friendly team today to discuss your stamp duty valuation requirements.

State contacts
Carolyn Mowbray
Director Valuations
Canberra
Jie Luo
Valuer
Sydney
Geoff Land
Regional Director
Coffs Harbour
Anne-Maree McCann
Valuer
Newcastle
Angus Giles
Valuer
Newcastle
Zoran Jovanovic
Senior Valuer
Sydney
Tony Lenord
State Director Commercial - Sydney
Sydney
Robert Jupp
Valuer
Coffs Harbour
Marty Creigh
Valuer
Newcastle
Daniel Carr
Valuer
Newcastle
Tom McDouall
State Director - Regional Operations (South)
Newcastle
Heath Craft
Senior Valuer
Albury
Christine DiMeglio
Valuer
Sydney
Andrew McDonnell
Associate Director
Sydney
Tasso Balomenos
Senior Valuer
Sydney
Steve Hagivassilis
Valuer
Sydney
Simon Mandile
Senior Valuer
Sydney
Philip Albert
Associate Director
Sydney
Peter Raptis
Director - Prestige Valuations
Sydney
Justine Franklin
Associate Director
Albury - Wodonga
Andrew Kemp
Director Valuations
Albury
Bryan Guest
State Director NSW - Projects, Infrastructure & Acquisition
Coffs Harbour
Amy Frankel
Regional Director
Port Macquarie
Tony Gorman
Director Valuations
Darwin / Perth
Vickie Hirsimaki
Valuer
Rockhampton
Natalie Galvin
Senior Valuer
Gold Coast
Adam Purvis
Senior Valuer
Brisbane
June Button
Senior Valuer
Gladstone
Adrian Marks
Valuer
Brisbane
Scott Blanchard
Senior Valuer
Cairns
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Matthew Galvin
Associate Director
Toowoomba
Joshua Franklin
Senior Valuer
Toowoomba
David Hosking
Regional Director
Cairns
Wayne Airey
Associate Director
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Robert Tye
Senior Specialist Valuer
Toowoomba
John Burke
Director
Gold Coast
Geoff Duffield
Director – Family Law & Advisory
Brisbane
Jany Pezard
Director - Valuations
Sunshine Coast
Andrew Mullins
Associate Director
Brisbane
Annette Smith
State Director Regional Operations (North)
Emerald
Mike Henderson
Group Executive Director – Residential Operations
Brisbane
Joe Porter
Senior Valuer
Adelaide
Craig Farley
Valuer
Adelaide
Mark Robins
State Director SA
Adelaide
Daniel Mitchell
Valuer
Bendigo
Damian Lynch
Associate Director
Melbourne
Brenton Jones
Associate Director
Gippsland
Tom O’Sullivan
Associate Director Valuations
Perth
Aaron Hughes
Regional Director
South West WA
Damien Schifferli
Regional Director - South West WA
Busselton
Brad Mazza
State Director - Residential WA
Perth
Carolyn Mowbray
Director Valuations
Canberra
Jie Luo
Valuer
Sydney
Geoff Land
Regional Director
Coffs Harbour
Anne-Maree McCann
Valuer
Newcastle
Angus Giles
Valuer
Newcastle
Zoran Jovanovic
Senior Valuer
Sydney
Tony Lenord
State Director Commercial - Sydney
Sydney
Robert Jupp
Valuer
Coffs Harbour
Marty Creigh
Valuer
Newcastle
Daniel Carr
Valuer
Newcastle
Tom McDouall
State Director - Regional Operations (South)
Newcastle
Heath Craft
Senior Valuer
Albury
Christine DiMeglio
Valuer
Sydney
Andrew McDonnell
Associate Director
Sydney
Tasso Balomenos
Senior Valuer
Sydney
Steve Hagivassilis
Valuer
Sydney
Simon Mandile
Senior Valuer
Sydney
Philip Albert
Associate Director
Sydney
Peter Raptis
Director - Prestige Valuations
Sydney
Justine Franklin
Associate Director
Albury - Wodonga
Andrew Kemp
Director Valuations
Albury
Bryan Guest
State Director NSW - Projects, Infrastructure & Acquisition
Coffs Harbour
Amy Frankel
Regional Director
Port Macquarie
Tony Gorman
Director Valuations
Darwin / Perth
Vickie Hirsimaki
Valuer
Rockhampton
Natalie Galvin
Senior Valuer
Gold Coast
Adam Purvis
Senior Valuer
Brisbane
June Button
Senior Valuer
Gladstone
Adrian Marks
Valuer
Brisbane
Scott Blanchard
Senior Valuer
Cairns
Clancy Miller
Valuer
Townsville
Paul Krause
Senior Valuer
Mackay
Matthew Galvin
Associate Director
Toowoomba
Joshua Franklin
Senior Valuer
Toowoomba
David Hosking
Regional Director
Cairns
Wayne Airey
Associate Director
Sunshine Coast
Alexandra Doneley
Senior Valuer
Emerald
Robert Tye
Senior Specialist Valuer
Toowoomba
John Burke
Director
Gold Coast
Geoff Duffield
Director – Family Law & Advisory
Brisbane
Jany Pezard
Director - Valuations
Sunshine Coast
Andrew Mullins
Associate Director
Brisbane
Annette Smith
State Director Regional Operations (North)
Emerald
Mike Henderson
Group Executive Director – Residential Operations
Brisbane
Joe Porter
Senior Valuer
Adelaide
Craig Farley
Valuer
Adelaide
Mark Robins
State Director SA
Adelaide
Daniel Mitchell
Valuer
Bendigo
Damian Lynch
Associate Director
Melbourne
Brenton Jones
Associate Director
Gippsland
Tom O’Sullivan
Associate Director Valuations
Perth
Aaron Hughes
Regional Director
South West WA
Damien Schifferli
Regional Director - South West WA
Busselton
Brad Mazza
State Director - Residential WA
Perth

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