Key points
- Rates and thresholds vary by property value and buyer type.
- Concessions or exemptions may apply to eligible first‑home buyers.
- Foreign purchaser additional duty can apply.
Current concessions and surcharges
- Eligible first-home buyers may receive a full land transfer duty exemption for homes valued up to $600,000.
- A concessional rate may apply for eligible first-home purchases from $600,001 to $750,000, including eligible new or established homes and vacant land intended for a first home.
- The principal place of residence concessional rate applies within its current value range, including the $550,000 threshold published by the SRO.
- Foreign purchaser additional duty is 8% on the relevant residential property interest, in addition to land transfer duty.
Eligibility and applicable rates depend on the transaction details and contract date. Confirm your circumstances with the State Revenue Office Victoria.
Worked example — $450,000 property
For a dutiable value of $450,000, the property falls within the $130,001 to $960,000 general-rate bracket.
- Rate formula: $2,870 + 6% of the amount over $130,000
- Amount over threshold: $450,000 − $130,000 = $320,000
- Duty on excess: $320,000 × 6% = $19,200
- Total land transfer duty: $2,870 + $19,200 = $22,070
This example uses Victoria's general land transfer duty rate for a non-PPR transaction. Principal place of residence rates, first-home concessions and foreign purchaser additional duty can change the final amount.
Calculate VIC stamp duty
Get precise, up‑to‑date estimates for Victoria, including concessions and surcharges.
Use our stamp duty calculator → MortgageMateAUOfficial resources
Last checked: October 2026. Stamp duty rules can change and depend on the transaction and buyer. Check the State Revenue Office Victoria and consider advice from a conveyancer, solicitor or other appropriately qualified professional.