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What is transfer duty?

Transfer duty is a tax paid to SARS on the transfer of property (the transfer of property is when the conveyancing attorney transfers property to your name).

Properties valued at less than R1 100 000 are exempt from transfer duty.

For the rest, the transfer duty increases with the value of the property.

Here are the transfer duty rates in more detail:

Transfer duty (1 March 2023 – 29 February 2024)

Value of property  Rate
Under R1 100 000 0%
R1 100 001 – 1 512 500 3% of the value above R1 100 000
R1 512 501 – 2 117 500 R12 375 + 6% of the value above R 1 512 500
R2 117 501 – 2 722 500 R48 675 + 8% of the value above R 2 117 500
R2 722 501 – 12 100 000 R97 075 +11% of the value above R2 722 500
R12 100 001 and above R1 128 600 + 13% of the value exceeding R12 100 00

You can also use our Transfer Cost Calculator to determine what you will pay on transfer duty (as well as your transfer and bond registration cost).

You can find out what home loan you will qualify for by getting prequalified. This will help you budget appropriately, as you’ll have an idea of the price range for your home purchase together with your transfer costs.

You can get prequalified by contacting an expert at ooba Home Loans or by using our free, online prequalification tool, the Bond Indicator.

Get prequalified for a home loan today

DIY with our online prequalification tool, or speak to an expert.


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Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

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