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I agree. I just didn't realise the "sliding scale" after $500K which I knew about was such a steep one. It would not have made any difference to our son choosing this house though, but we just assumed the "free up to $500K and sliding scale for anything over" meant he would not pay as much as a...

Thank you so much. I was doing it right after all :o. It just didn't seem right. We were told that there was no duty up to $500K but anything over that would have duty paid (just on the bit over $500K). However, it seems to me that once you hit $500K there is a sliding scale that tops out at...

I think I'm having a bit of a blond moment, but I'm having trouble with that calculator. It is the same one I've already tried (I think) from the OSR site. I'm just keen to know what the stamp duty would be for a first home owner for the following purchase prices - $499,000 $500,000...

I am curious to know if I am right in my calculation for the stamp duty in Queensland for a first PPOR. I believe it is 'nil' up to $500K but it seems it rises very quickly after that and by the time you reach what seems the upper limit for any concession of $550K the stamp duty is approx...