Stamp Duty Rates, Discounts & Grants South Australia SA

South Australia offers no stamp duty discounts but is much more generous when it comes to government grants. There are two government grants available and these are only available to first home buyers.

1. First Home Bonus Grant

2. First Home Owner Grant

First Home Owner’s Grant

You can get the ‘First Home Owner’s Grant’ of $7,000 only if:

  • You plan on living in the property for at least 6 months
  • The purchase price is less than $575,000

This grant is part of a federal government initiative and is offered Australia-wide.

First Home Bonus Grant

If eligible, the First Home Bonus of $8,000 is in addition to the $7000 First Home Owner Grant. This makes the total possible grants $15,000.

“If you have entered into a contract to purchase or build a New Home or or after 17 September 2010, or in the case of an owner builder commence construction of a New Home on or after 17 September 2010. (New Home means a home that has not been previously occupied or sold as a place of residence and includes a substantially renovated home.)”

Source: Department of Treasury and Financing (DTF) SA

Can I claim any grants for an investment property?

No. An applicant must be occupy the established home as their principal place of residence for a continuous period of 6 months commencing within 12 months after completion of the eligible transaction.

Stamp Duty Rates & Thresholds

Home or Investment Property

Not More Than $12,000

1.00% of dutiable value

$12,000 – $30,000

$120 + 2.00% of dutiable value more than $12,000

$30,000 – $50,000

$480 + 3.00% of dutiable value more than $30,000

$50,000 – $100,000

$1,080 + 3.50% of dutiable value more than $50,000

$100,000- $200,000

$2,830 + 4.00% of dutiable value more than $100,000

$200,000 – $250,000

$6,830 + 4.25% of dutiable value more than $200,000

$250,000 – $300,000

$8,955 + 4.75% of dutiable value more than $250,000

$300,000 – $500,000

$11,330 + 5.00% of dutiable value more than $300,000

More Than $500,000

$21,330 + 5.50% of dutiable value more than $500,000

Stamp Duty & Grants Calculator

Want to calculate how much stamp duty you will have to pay and how much in government grants you can receive?

Use the Free Online Stamp Duty & Government Grants Calculator – only on My Money Calculator.