Based on what we've seen it's typically the equity that gets split, but it's never that simple! It's best if you discuss this with your lawyer because it's a complex issue and you may possibly also need to speak with an accountant to get specific information for your circumstances.
Regarding stamp duty
though, it's waived in most states for a transfer of ownership as part of a divorce settlement. Also, you won't likely have to pay any Capital Gains Tax (CGT)
if the property was your home.
However, if it's an investment property then whoever keeps the property may be liable for CGT in the future as if they had owned the property themselves the entire time.
You can check out our website for more information. You can also call us on 1300 889 743
or enquire online
if you need financial assistance to restructure the ownership of your properties.