unstated. ← Property guides
Money matters Victoria · Free tool

Victorian stamp duty calculator

Estimate stamp duty on a Victorian residential property purchase. Includes first home buyer exemptions and concessions.

Use this calculator to estimate stamp duty on your Victorian property purchase.

Enable JavaScript to use the interactive calculator. The rate information below applies regardless.

How stamp duty is calculated in Victoria

Victorian stamp duty (formally called land transfer duty) is charged in tiered bands based on the purchase price, similar to income tax brackets. Each band has its own rate, and the rate applies only to the portion of the price within that band. The exception is properties over $960,000, where a flat 5.5% applies to the full price.

Purchase price Duty calculation
Up to $25,000 1.4%
$25,001 to $130,000 $350 + 2.4% of the amount over $25,000
$130,001 to $440,000 $2,870 + 5% of the amount over $130,000
$440,001 to $960,000 $18,370 + 6% of the amount over $440,000
Over $960,000 5.5% of the full purchase price

These rates apply to the dutiable value of the property, which is the greater of the purchase price or the market value at the time of transfer.

First home buyer concession

Victoria offers significant stamp duty relief to first home buyers:

  • $600,000 and under: full exemption, with no stamp duty payable
  • $600,001 to $750,000: sliding-scale concession that reduces proportionally as the price approaches $750,000
  • Over $750,000: no concession, so full standard duty applies

To qualify, all buyers on the title must never have owned residential property in Australia, be at least 18, be an Australian citizen or permanent resident, and intend to live in the property for at least 12 months from settlement.

Other concessions and surcharges

This calculator covers standard residential purchases. Off-the-plan concessions, pensioner concessions, and the foreign purchaser surcharge are not included. If any of these apply, speak with your conveyancer for an accurate figure.

How is stamp duty calculated in Victoria?

Stamp duty in Victoria uses a tiered bracket system. The purchase price is divided into bands, and each band is taxed at a different rate: 1.4% on the first $25,000, rising in steps to a flat 5.5% on the full price for properties over $960,000. The rate applies only to the portion within each band, not the entire amount (except properties over $960,000).

When is stamp duty paid in Victoria?

Stamp duty is due within 30 days of settlement. Your conveyancer typically handles the payment as part of the settlement transaction, so the funds are included in the settlement pool alongside the purchase payment. The property title cannot be transferred until duty is paid.

Do first home buyers pay stamp duty in Victoria?

First home buyers in Victoria pay no stamp duty on properties priced $600,000 or under. Between $600,001 and $750,000, a partial concession applies that scales down as the price rises. Above $750,000, full standard duty applies even for first home buyers.

Is stamp duty different for investment properties?

The standard rate schedule applies to all residential property transfers. The first home buyer concession is only available if you intend to live in the property as your principal place of residence for at least 12 months. Investment purchases do not qualify, and if you sell before living in the property for 12 months the concession can be clawed back.

General information only. This calculator provides an estimate based on standard Victorian State Revenue Office rates, verified July 2026. Rates, thresholds, and concession eligibility are subject to change. This is not financial or legal advice. Verify the exact amount with the State Revenue Office calculator or your conveyancer before making any financial decisions.

Try Unstated

Understand what you're buying before you sign.

Upload your Section 32 and contract of sale and we'll send back a plain-English summary in about 10 minutes, including a list of questions you may want to go through with your conveyancer.

Get a report →