Stamp Duty Rates SA applies to all transfers of residential properties, insurance, vehicle purchase and transfer of businesses in South Australia.  Stamp Duty Rates Act is an act that pertains to the levy of Stamp Duty on certain Instruments in Australia.  The stamp duty is levied by the government on transactions of money when a purchase takes place.  These transactions include transfer and agreement for sale of properties vehicles or businesses and declaration of trust over.  The purchaser is liable to pay the stamp duty.

The rate of stamp duty is determined according to the value and the type of the property.  Stamp duty is applicable to transfers that include residential properties, land and improvements, commercial leases, motor vehicles, insurance, leasing goods, business assets, shares and landholder duty. The stamp duty rates SA revenue collected from buyers of residential properties is used for funding the various essential municipal and public welfare services.  In the Rates Act of 2004 the owner is described the as the registered proprietor of a parcel of land, a mortgage in his possession or an individual holding the parcel of land under a sublease. The tax revenues are used for the following activities:

1. Making additions and to maintain the main roads in addition to bicycle paths and footpaths
2. Waste disposal and garbage removal services, street lighting, cleaning and providing storm water drainage
3. Establish and maintaining amenities such as recreational areas, public libraries, community halls and swimming pools.

A concessional rate of duty is available for ‘home mortgages under the provision of section 85 of the Stamp Duty Act. The concessional rate of duty is applicable if mortgagor is an individual and part or the whole secured amount is used for dwelling as provided in section 85(2) and is used by the mortgagor as his or her sole principal place of residence. The value of properties is assessed in South Australia under the stamp duties Act. The rate is $104 for properties valued up to $5000, $116 for properties valued at $20,000 and for properties of value $40,000 the fee is $130. For properties costing above $40,000 the duty is $186 plus $57.50 per $10,000 or part thereof.  For transfers of above $50,000 which is exempted form duty the duty is $104.  In South Australia the land transfer documents are lodged with the Land Services Group.

Stamp duty rates SA apply to first home buyers and non-first home buyers.  People look at stamp duty as a major factor in property transfers as they have to set aside around 4 percent of the transaction value for stamp duty requirements.  The stamp duty rates SA have netted revenue of $3 billion from residential and commercial property transactions over the last five years.