Victoria stamp duty calculator
Stamp duty on a $550,000 Victorian home you will live in is $24,970, $3,100 less than the $28,070 an investor pays, and first home buyers pay nothing up to $600,000.
Enter the price, who is buying and whether a buyer is a foreign person to see the duty.
How it's worked out
Victoria's general land transfer duty rates apply to contracts from 1 July 2021: a sliding scale to $960,000, then 5.5% of the whole value, and a premium rate above $2 million.
Owner-occupiers get the principal place of residence concession on homes up to $550,000 (5% instead of 6% from $130,000). First home buyers pay no duty up to $600,000 and a reduced amount up to $750,000.
| Dutiable value | Duty |
|---|---|
| $0 – $25,000 | $1.40 per $100 |
| $25,000 – $130,000 | $350 plus $2.40 per $100 over $25,000 |
| $130,000 – $960,000 | $2,870 plus $6 per $100 over $130,000 |
| $960,000 – $2,000,000 | 5.5% of the whole dutiable value |
| over $2,000,000 | $110,000 plus 6.5% over $2,000,000 |
Concessions and surcharges
- Principal place of residence concession: homes up to $550,000 you move into within 12 months and live in for 12 months; saves 1% of the value above $130,000 (up to $3,100).
- First home buyers: no duty up to $600,000; reduced duty from $600,001 to $750,000 (the SRO calculator gives the exact amount). New or established homes, or vacant land for a first home.
- Foreign purchaser additional duty: 8% of the dutiable value for contracts from 1 July 2019.
Victoria stamp duty at different prices
| Price | Investor | Home to live in | First home buyer |
|---|---|---|---|
| $400,000 | $19,070 | $16,370 | $0 |
| $600,000 | $31,070 | $31,070 | $0 |
| $750,000 | $40,070 | $40,070 | reduced |
| $900,000 | $49,070 | $49,070 | $49,070 |
| $1,000,000 | $55,000 | $55,000 | $55,000 |
| $1,500,000 | $82,500 | $82,500 | $82,500 |
| $2,500,000 | $142,500 | $142,500 | $142,500 |
Worked example
The SRO's own example: a $550,000 house bought to live in (principal place of residence concession):
| Result | Amount |
|---|---|
| Stamp duty payable | $24,970 |
| At general rates | $28,070 |
| Concession saves | $3,100 |
| Applied | Principal place of residence concession |
How to use the Stamp Duty Calculator VIC
- Enter the price (or the market value, if higher).
- Choose whether you are buying a home to live in, your first home or an investment.
- Tick the foreign buyer box if it applies.
Key figures 2026–27
The statutory rates and thresholds this calculator uses, where each comes from, and when we last checked it.
| Figure | Value | Source and date checked |
|---|---|---|
| General rates | 1.4% to $25,000; 2.4% to $130,000; 6% to $960,000; 5.5% of value to $2m; $110,000 + 6.5% above | Land transfer duty – non-principal place of residence (current rates)Checked 2026-11-05 |
| PPR concession | Homes to $550,000: 5% instead of 6% on $130,000–$440,000 | Principal place of residence duty concessionChecked 2026-11-05 |
| First home buyers | No duty to $600,000; reduced to $750,000 | First home buyer duty exemption or concessionChecked 2026-11-05 |
| Foreign purchaser additional duty | 8% (contracts from 1 July 2019) | Foreign purchaser additional duty (current rates)Checked 2026-11-05 |
Frequently asked questions
How much is stamp duty on $750,000 in Victoria?
$40,070 at the general rates. An owner-occupier pays the same (the concession stops at $550,000); a first home buyer pays a reduced amount at $750,000 and nothing at $600,000 or less.
What is the principal place of residence concession?
A lower rate for anyone buying a home to live in valued up to $550,000: 5% instead of 6% on the value between $130,000 and $440,000. The SRO's example: $400,000 costs $16,370 instead of $19,070.
Do first home buyers pay stamp duty in Victoria?
Not on a home or vacant land valued up to $600,000. Between $600,001 and $750,000 they pay a reduced amount; above $750,000, the general rates.
Why is duty 5.5% of the whole price above $960,000?
Victoria switches from a sliding scale to a flat 5.5% of the entire dutiable value between $960,000 and $2 million, so duty jumps at the threshold.
Is this the exact amount I will pay?
It is an estimate from the published rates. Eligibility for concessions, the dutiable value and off-the-plan rules can change the result; your conveyancer or the revenue office confirms the amount.
Sources
- Land transfer duty – non-principal place of residence (current rates) (State Revenue Office Victoria)
- Principal place of residence duty concession (State Revenue Office Victoria)
- First home buyer duty exemption or concession (State Revenue Office Victoria)
- Foreign purchaser additional duty (current rates) (State Revenue Office Victoria)
Estimates, not tax or legal advice. Results come from the published rules for the cases this calculator covers in 2026–27; your own circumstances can change them. Check with the official source: SRO land transfer (stamp) duty calculator.
Last checked 2026-11-05 by the TakeHomeWorld editors · How we calculate and check rates · Runs entirely in your browser; nothing you type is stored.