Stamp duty (land transfer duty) in Victoria is one of the largest upfront costs when buying property. Here’s exactly how it’s calculated, what concessions are available, and how much you’ll pay.
VIC First Home Buyers: Full duty exemption on homes up to $600,000. Concessions apply up to $750,000.
Victoria Stamp Duty Rates — 2025-26
| Property Value | Duty Rate |
|---|---|
| $0 – $25,000 | 1.4% of value |
| $25,001 – $130,000 | $350 + 2.4% of excess over $25,000 |
| $130,001 – $960,000 | $2,870 + 6% of excess over $130,000 |
| $960,001 – $2,000,000 | 5.5% of total value |
| $2,000,001+ | $110,000 + 6.5% of excess over $2,000,000 |
Stamp Duty Examples — Victoria 2026
| Property Price | Stamp Duty | FHB Rate |
|---|---|---|
| $500,000 | $21,970 | $0 (exempt) |
| $600,000 | $31,070 | $0 (exempt) |
| $700,000 | $37,070 | ~$18,535 (50% off) |
| $800,000 | $43,070 | $43,070 (full) |
| $1,000,000 | $55,000 | $55,000 (full) |
First Home Buyer Concessions — Victoria
- Full exemption — homes valued up to $600,000 (saving up to $31,070)
- Concession up to 50% — homes between $600,001 and $750,000 (sliding scale)
- Must be principal place of residence — you must move in within 12 months and live there for at least 12 months
- New and established homes — unlike QLD, VIC concessions apply to both new and existing properties
Calculate Stamp Duty for Any VIC Property
Use our stamp duty calculator for exact figures on your purchase.
Disclaimer: General information only. Not financial advice. Always consult a licensed professional before making financial decisions.