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Parramatta is one of Sydney's major hubs with a median house price of approximately $1,250,000 and a median unit price of around $620,000 in 2026. NSW stamp duty (officially "transfer duty") on these median prices is:Median house ($1,250,000): $51,610 stamp dutyMedian unit ($620,
Stamp duty on a $1,250,000 house in Parramatta is $51,610. This is calculated using the NSW top bracket: $46,908 base plus $5.50 per $100 on the amount over $1,164,516.
It depends on the price. First home buyers pay $0 stamp duty on properties up to $800,000 and a reduced rate between $800,001 and $1,000,000. Above $1,000,000, full stamp duty applies - so FHBs buying at Parramatta's median house price will pay the full amount.
Yes, because stamp duty is based on the purchase price. Parramatta's median unit (~$620,000) attracts $22,405 in stamp duty versus $51,610 for the median house (~$1,250,000). First home buyers purchasing a unit at the median price pay $0.
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