VIC stamp duty calculator
Victoria calls it land transfer duty. This works it out at the rates the State Revenue Office publishes for contracts signed today.
Stamp duty payable
$43,070
General rates
- Transfer duty at the general rates
- $43,070
An estimate. The rates are the ones in force on the date you sign the contract. Rates checked against State Revenue Office Victoria on 13 October 2026. Your conveyancer or State Revenue Office Victoria's own calculator gives the amount you pay.
What changes the answer
- First home buyers
- No duty on a home up to $600,000, and reduced duty up to $750,000. This covers new and established homes and vacant land to build on. You must live there for 12 months in a row, starting within 12 months of settlement. Source
- Buying a home to live in
- Up to $550,000, a lower rate applies to the slice between $130,000 and $440,000. Above $550,000 everyone pays the general rates. Source
- Off the plan
- Construction still to happen after you sign comes off the price duty is charged on. For a strata apartment, unit or townhouse signed between 21 October 2024 and 20 April 2027, this is open to every buyer, investors included, at any price. Source
- Foreign buyers
- Pay foreign purchaser additional duty of 8% of the price, worked out before any concession. Source
The rates
General rates, contracts from 1 July 2021
| Price | Duty |
|---|---|
| Up to $25,000 | 1.4% of the value |
| $25,000 to $130,000 | $350 plus 2.4% of the value over $25,000 |
| $130,000 to $960,000 | $2,870 plus 6% of the value over $130,000 |
| $960,000 to $2,000,000 | 5.5% of the whole value |
| Over $2,000,000 | $110,000 plus 6.5% of the value over $2,000,000 |
Principal place of residence rates
| Price | Duty |
|---|---|
| Up to $25,000 | 1.4% of the value |
| $25,000 to $130,000 | $350 plus 2.4% of the value over $25,000 |
| $130,000 to $440,000 | $2,870 plus 5% of the value over $130,000 |
| Over $440,000 | $18,370 plus 6% of the value over $440,000 |
For a home you will live in, worth up to $550,000. Above that, the general rates apply.
Checked against State Revenue Office Victoria's own examples
State Revenue Office Victoria publishes worked examples. Here is each one, the total it gives, and what this calculator gives for the same purchase.
| Example | SRO Victoria | This calculator |
|---|---|---|
| $400,000 apartment, general rates | $19,070 | $19,070 |
| $400,000 apartment, buyers moving in | $16,370 | $16,370 |
| $550,000 house, general rates | $28,070 | $28,070 |
| $550,000 house, buyer moving in | $24,970 | $24,970 |
Buying in Melbourne? Compare buyer's agents in Melbourne
Sources
- State Revenue Office Victoria, Land transfer duty non-principal place of residence current rates
- State Revenue Office Victoria, Land transfer duty principal place of residence current rates
- State Revenue Office Victoria, Principal place of residence 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, Strata apartments and townhouses temporary concession
Every rate here is read from these pages. A check re-reads them each week and tells us when one changes.