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.
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.
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.
Your adviser can check the current Victorian thresholds and whether you qualify before you’re locked into a contract.
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.
It can. Off-the-plan purchases sometimes calculate duty differently, so it’s worth checking before you sign.
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.
Some pensioner and concession card holders may be eligible for duty relief in specific circumstances. Worth asking before you assume the standard rate applies.
Generally within 30 days of settlement, though it’s worth confirming the exact date with your conveyancer.
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