Stamp Duty is Assessed for Investment Properties
When there is a transfer between parties (including spouses, domestic partners and related parties) on an investment property, we will present all necessary documents to STATE REVENUE OFFICE who will then assess the correct stamp duty to be paid.
Please note that State Revenue Office will only accept either of the following Market Appraisals:
- Appraisal from a Real Estate Agent confirming the current market value of the property. This Appraisal must be signed by a Licensed Real Estate agent and his/her Licence Number shown near their signature, OR
- A Property Valuation Report approved by The Australian Property Institute (API) and signed by an AAPI – Certified Practising Valuer.
You can use the stamp duty calculator on State Revenue’s website.