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Victoria stamp duty calculator

Buying in Victoria comes with its own land transfer duty brackets, and they don’t always track what you’d expect from the purchase price alone.

Our Victoria stamp duty calculator estimates what you’ll owe based on your purchase price and buyer status, so it’s one less unknown before you make an offer.

As with any state’s rates, treat this as a guide and confirm the current figures before you budget against them.

General stamp duty rates in Victoria

Production note: Victorian land transfer duty brackets are reviewed periodically by the State Revenue Office. Confirm current thresholds before this table goes live. The figures below reflect the source brackets provided and are illustrative only.

Dutiable value Duty payable
$0 to $25,000 1.4% of the dutiable value
$25,000 to $130,000 $350 plus 2.4% of the amount over $25,000
$130,000 to $960,000 $2,870 plus 6% of the amount over $130,000
$960,000 to $2,000,000 5.5% of the dutiable value
More than $2,000,000 $110,000 plus 6.5% of the amount over $2,000,000

First home buyers purchasing a home to live in may be eligible for reduced or no duty. Different rates can apply to homes valued between $130,000 and $550,000, depending on your situation. These general rates don’t apply to investment properties.

How this calculator helps

  • Estimates your Victorian land transfer duty before you make an offer.
  • Shows how your buyer status changes the outcome.
  • Helps you plan your total upfront costs alongside your deposit.
  • Flags likely eligibility for first home buyer relief.

First home buyer support in Victoria

Victoria offers duty exemptions and concessions for eligible first home buyers, along with an additional duty for foreign purchasers. Both are worth checking against current settings before you buy.

  • A full exemption or concession typically applies for homes under set price thresholds, provided you’ll live in the property.
  • Pensioners and concession card holders may access separate duty relief in some circumstances.
  • Foreign purchasers may face an additional duty on top of the standard rate. Confirm the current rate with the State Revenue Office.

Your adviser can check the current Victorian thresholds and whether you qualify before you’re locked into a contract.

FAQs

Do first home buyers get a discount in Victoria?

Eligible first home buyers can access a full exemption or partial concession under set price thresholds. We can confirm the current thresholds for your situation.

Does buying off the plan change what I owe?

It can. Off-the-plan purchases sometimes calculate duty differently, so it’s worth checking before you sign.

Is there extra duty for foreign purchasers in Victoria?

Yes, an additional foreign purchaser duty can apply on top of the standard rate for eligible buyers. Confirm the current rate with the State Revenue Office.

Do pensioners get any relief on stamp duty?

Some pensioner and concession card holders may be eligible for duty relief in specific circumstances. Worth asking before you assume the standard rate applies.

When is Victorian stamp duty due?

Generally within 30 days of settlement, though it’s worth confirming the exact date with your conveyancer.

Want to confirm exactly what you'll owe before you make an offer?

Book a confidential, no-obligation chat with an Apt Wealth Finance specialist.

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