I own a primary residence with my brother (60%- 40%) valued at $1,000,000 in NSW. If I purchase the remaining 40% off my brother, do I have to pay full stamp duty on $1,000,000 (stamp duty approx. $40k) or just on the 40% of the property's value being transferred - $400,000 (stamp duty approx. $15k)? Thanks
You will need to contact your state authority that administers stamp duty on land transfers. This is a state tax, nothing to do with the Australian Taxation Office.
I doubt you will get an authoritative answer through this forum.
You will need to contact your state authority that administers stamp duty on land transfers. This is a state tax, nothing to do with the Australian Taxation Office.
I doubt you will get an authoritative answer through this forum.
15 Apr 2026 · 4 min read time
15 Apr 2026 · 8 min read time
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