Victoria Stamp Duty Calculator
Land transfer duty on a property in Victoria, with the home concession, first home buyer exemption and concession, and foreign purchaser additional duty.
Result
Duty to pay: A$21,970.00Estimate
Off-the-plan and City of Melbourne concessions can lower duty further; this page leaves them out.
- Land transfer duty
- A$21,970.00Estimate
- Foreign purchaser additional duty
- -A$0.00Estimate
- Duty at general rates, for comparison
- A$25,070.00Estimate
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Results are arithmetic from the figures you enter, not legal, tax, lending or settlement advice. Fees vary by state, lender and negotiation, and the site quotes none of them. Check your Loan Estimate, Closing Disclosure or settlement statement for the real numbers. Read the full disclaimer
How to use the Victoria Stamp Duty Calculator
- Enter the price, or the market value if it is higher.
- Say whether the property will be your home, your first home or an investment.
- Say whether you are a foreign purchaser, and read the duty.
The calculation
general bands as above, 5.5% of the whole value from $960,000 to $2mhome concession rates from $130,000 to $550,000first home nil to $600,000; (value − $600,000) ÷ $150,000 × duty, to $750,000foreign buyer + 8% of the valueDuty is rounded to the nearest dollar, with exactly 50 cents rounding down. Victoria also has off-the-plan and City of Melbourne concessions, which this page doesn’t include.
With your numbers
- Between $960,000 and $2 million the 5.5% rate applies to the whole value, not just the part in the band
Quick reference
Off-the-plan and City of Melbourne concessions can lower duty further; this page leaves them out.
| Example | Duty to pay |
|---|---|
| $500,000 home | A$21,970.00 |
| $500,000 investment | A$25,070.00 |
| $700,000 first home | A$24,713.00 |
| $1,000,000 home | A$55,000.00 |
| $2,500,000 investment | A$142,500.00 |
| $1,000,000 foreign purchaser | A$135,000.00 |
Where the numbers come from
The fixed figures this calculator relies on, and the published source each one was checked against. How the calculators are built and checked
4 sources
SRO Victoria, Land transfer duty current rates, https://www.sro.vic.gov.au/about-us/rates-and-statistics/current-rates/land-transfer-duty-non-principal-place-residence-current-rates
Used for
- Victorian duty rate in the band.
- Victorian land transfer duty band starts above this value.
- Victorian duty payable at the start of the band.
- Victoria: above this value duty is 5.5% of the whole value.
- Victoria: duty on the whole value between $960,000 and $2,000,000.
- Victoria: above this value, $110,000 plus 6.5% of the excess.
- Victoria: duty at $2,000,000.
- Victoria: rate above $2,000,000.
SRO Victoria, Land transfer duty principal place of residence current rates, https://www.sro.vic.gov.au/about-us/rates-and-statistics/current-rates/land-transfer-duty-principal-place-residence-current-rates
Used for
- Victoria PPR concession: duty at $130,000.
- Victoria PPR concession rate from $130,000 to $440,000.
- Victoria PPR concession: second band starts above this.
- Victoria PPR concession: duty at $440,000.
- Victoria PPR concession rate from $440,000 to $550,000.
- Victoria PPR concession applies up to this value.
Duties Act 2000 (Vic), ss 28, 28A, 57JA and 60, authorised version 141, https://www.legislation.vic.gov.au, s 57JA
Used for
- Victoria first home buyer: exempt up to this value.
- Victoria first home buyer: concession up to this value.
Duties Act 2000 (Vic), ss 28, 28A, 57JA and 60, authorised version 141, https://www.legislation.vic.gov.au, s 28A(2): "8% of the dutiable value"
Used for
- Victoria foreign purchaser additional duty.
Common questions about the Victoria Stamp Duty Calculator
- How is Victorian stamp duty calculated?
- At general rates: 1.4% up to $25,000, $350 plus 2.4% up to $130,000, $2,870 plus 6% up to $960,000, then 5.5% of the whole value up to $2 million, and $110,000 plus 6.5% above that.
- Is there a concession for my home?
- Yes, the principal place of residence concession for homes from $130,000 to $550,000: $2,870 plus 5% to $440,000, then $18,370 plus 6% to $550,000. Above $550,000 general rates apply.
- What do first home buyers pay?
- Nothing on a home up to $600,000. From $600,000 to $750,000 the duty phases in: at $700,000 you pay two-thirds of the normal duty. Above $750,000 normal duty applies.
- Why does duty jump at $960,000?
- From $960,000 the 5.5% rate applies to the whole value, not just the part above the band start. Duty at $960,001 is a little higher than the 6% band would give.