Victoria stamp duty at a glance
Victoria charges land transfer duty from 1.4% up to 6%, and 5.5% of the whole price between $960,000 and $2 million. First home buyers pay no duty up to $600,000 and less duty up to $750,000, on new or established homes and vacant land. Other owner-occupiers get a small concession on homes up to $550,000.
Duty is charged on the price or the market value, whichever is higher, and is usually paid at settlement. Use the calculator above to see the exact amounts for your purchase.
Notes for Victoria
- Buying off the plan can lower the duty, because construction costs after the contract date are taken off the dutiable value. That isn’t included here.