Stamp Duty

In general, stamp duty is a tax on written documents and certain transactions. These transactions include motor vehicle registrations, insurance policies, leases, mortgages and most pertinent to you - transfers of property. 

For property, it can also be called ‘land transfer duty’, with the amount varying depending on; which state or territory government imposes them, property type, property value and whether or not you’re a first home buyer. 

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