Conveyance duty


Conveyance duty, commonly known as stamp duty, is a tax you pay when you buy property in the ACT, whether it’s a home, land, or a commercial property.

The Government is continuing to reduce conveyance duty rates for residential properties.

Since 1 July 2021, eligible owner-occupiers of residential properties have paid a reduced rate of conveyance duty. On or after 1 July 2024, duty on owner-occupier purchases up to $260,000 will be at the lower rate of 0.40%.

From 1 July 2024, commercial properties with a dutiable value of $1,900,000 or less will pay no conveyance duty. Where the value is greater than $1,900,000 a flat rate of 5 per cent will apply.

Calculating your duty

The amount of duty you pay depends on the property’s purchase price or market value (being the greater of).

  • If you buy a property that already has a building on it, you pay duty on the combined value of the house and the land. This includes a home purchased under the land rent scheme.
  • If you buy a block of land that doesn’t have a house on it, but the seller is building one on the land before you settle as part of your contract, you still pay duty on the combined value of the house and the land. Examples include house-and-land packages and off-the-plan property purchases.

If you buy land under one contract and arrange to build a house on the land under a separate contract, you pay duty on the land contract only. This also includes land under the land rent scheme.

Duty rates and thresholds depend on the date of your transaction. The transaction date is the date of the grant, transfer or agreement for transfer – whichever comes first. It’s not the settlement date.

Use our calculator below to get an estimate of the duty you will pay. Keep in mind that this tool should serve as a guide only.

Date of contract for sale, grant, transfer or agreement for transfer (whichever is first)
The greater of purchase price or market value (include GST if it applies)
enter an amount. e.g. 455000
Is this an Owner Occupier purchase?
(New duty rate applies to Owner Occupier transactions from 1 July 2021)
Are you applying for the Home Buyer Concession Scheme ?
Are you applying for the Pensioner Duty Concession Scheme ?
Duty payable
You could be eligible for
  • Pensioner Duty Concession Scheme
    Duty concession:
  • Duty payable with concession
  • Home Buyer Concession Scheme
    Duty concession:
  • Duty payable with concession
  • Home Buyer Concession Scheme & Owner occupier discount
    Home buyer concession scheme discount:
    Owner occupier duty discount:
  • Duty payable with concessions
  • Owner occupier discount:
  • Duty payable for an owner occupier
  • Owner occupier duty concession:
  • Duty payable with concession
This calculation is based on

    Getting assistance

    If you’re buying a home, land or both, or a unit you may be eligible for a conveyance duty concession or exemption through one of the following:

    Under certain circumstances, you may also be eligible to defer your duty payment or be eligible for an exemption.

    Once you determine your eligibility you can claim it through the Buyer Verification Declaration you lodge at Access Canberra. If we need to see your supporting documents, we’ll contact you after the transaction is finished.

    Proof of identity

    Access Canberra requires you provide proof of your identity through a Buyer Verification Declaration before you lodge the transfer. All identification must be valid and current.

    Individuals (including individuals as trustees) must provide the details required under a relevant identification category according to the Land Titles (Verification of Identity) Rules 2020. Trustees must also provide details of administered trust including the ABN.

    Companies must provide details including an ACN/ABN, place of registrations and incorporation, and contact details.

    Paying duty

    Duty is payable 14 days after when the title to your property is registered at Access Canberra (the end of the transaction), rather than when you exchange contracts (the beginning of the transaction).

    After the settlement date of your contract, you have (and your agent has) 14 days to lodge your transfer instrument for title registration with Access Canberra. Penalty tax may be applied if the transfer is lodged late.

    Remember you will need to complete the Buyer Verification Declaration before you lodge the transfer instrument at Access Canberra. Don’t forget to claim your owner-occupier rate, concession or exemption, if you’re eligible, by entering the concession code number on the Buyer Verification Declaration before you lodge for registration.

    Once Access Canberra accepts and registers your title, we’ll email a Notice of Assessment to you* and your agent, if applicable. The Notice of Assessment will state:

    • the parties to the transaction
    • details of the transaction
    • how much duty you must pay
    • payment options
    • your unique payment reference number.

    *If there are two or more taxpayers, we’ll email the notice to all parties listed on the transfer (that is, to the contact address listed on the Buyer Verification Declaration).

    If you’ve claimed an owner occupier rate, concession or exemption, it will show up on the notice as a reduced amount of duty. You’ll be advised of your ongoing eligibility requirements if it’s relevant (e.g. residency requirements).

    Payment must be made in 14 days and can be made by BPAY or Electronic Funds Transfer. Interest applies to late payments. As conveyance duty is a known cost of purchasing a property, the Revenue Office expects payments to be made on time and does not provide payments plans for conveyance duty.

    You’ll need to keep all records of the transaction for at least five years after settlement, in case we request copies. Be sure that all the details on your transfer and other documentation are true and correct; giving false or misleading information is a serious offence. If you’ve underpaid duty, we may impose interest or penalty tax.

    Transactions before 18 September 2017

    Different rules apply to transactions where you signed the contract before 18 September 2017. See the Transactions before 18 September 2017 page for more information.