State

Buying a home in New South Wales: prices and stamp duty

Australian Bureau of Statistics, Total Value of Dwellings, June quarter 2026 (preliminary). State figure: mean price of all residential dwellings.

In short

In the June quarter 2026, the mean price of a residential dwelling in New South Wales was $1,304,900 (+1.9% over a year), and the median established house sold in Sydney was $1,487,600. At $1,487,600, general transfer duty in New South Wales is $63,105, before any first home buyer or owner-occupier concession.

The questions, answered

What is the average value of a home in New South Wales?

The mean price of all residential dwellings in New South Wales was $1,304,900 in the June quarter 2026, +1.9% over a year (ABS Total Value of Dwellings, preliminary). It is the value of the whole housing stock divided by the number of dwellings (3,550,300), not a sale price.

How much stamp duty on a median Sydney house ($1,487,600) in New South Wales?

On $1,487,600, general transfer duty in New South Wales is $63,105, at the rates in force on 14 October 2026.

How many homes sell in New South Wales?

177,723 homes changed hands in New South Wales from the June quarter 2025 to March quarter 2026, the latest four revised quarters (ABS).

The figures, June quarter 2026

MeasureValueOver a year
Mean price, all residential dwellings$1,304,900+1.9%
Number of residential dwellings3,550,300—
Homes changing hands, June quarter 2025 to March quarter 2026177,723—

A median of houses sold and a mean of the whole housing stock measure different things: do not compare them. The latest quarter is preliminary and may be revised.

Areas of New South Wales

Sources