Mandarin Conveyancer in South Australia

Yes. Stamp duty applies to vacant land in South Australia as well as established properties. The calculation is based on the contract price or market value of the land at the time of transfer.

In South Australia, exemptions and concessions may apply in certain cases, such as:

• First Home Buyer concessions for eligible off-the-plan apartments (subject to RevenueSA criteria).
• Family farm transfers between related parties.
• Matrimonial or domestic relationship breakdowns, under Family Court orders or Binding Financial Agreements.
• Deceased estates transfers between executors and beneficiaries.

Your conveyancer can confirm whether you qualify for any exemption or concession.

Stamp duty is based on the higher of:

• The market value of the property, or
• The purchase price listed on the contract.

RevenueSA reviews transactions to ensure the declared value reflects the market value of the property at the time of transfer.

Your conveyancer will:

• Prepare and lodge the Transfer of Land documents.
• Calculate the correct duty amount using the RevenueSA portal.
• Pay the stamp duty electronically to ensure compliance before registration.

You can also pay directly to RevenueSA, but most buyers prefer to let their conveyancer manage the process for accuracy and convenience.