Free Tool · Victoria
VIC Stamp Duty Calculator
Calculate Victoria land transfer duty for owner-occupiers, investors, and first home buyers using current State Revenue Office Victoria rates.
Calculate Victoria land transfer duty for owner-occupiers, investors, and first home buyers using current State Revenue Office Victoria rates.
Last reviewed 12 July 2026 · rates and thresholds verified against official FY2026-27 sources.
Victorian land transfer duty is administered by the State Revenue Office Victoria (SRO) under the Duties Act 2000. Duty is 1.4% up to $25,000, 2.4% on the portion to $130,000, and 6% on the portion to $960,000. From $960,000 to $2 million duty is a flat 5.5% of the whole price, and above $2 million it is $110,000 plus 6.5% of the excess — the highest top-bracket rate in Australia. The duty applies to the dutiable value of the property, normally the contract price.
VIC uses the following bracket structure for the standard duty rate:
| Dutiable value | Standard rate |
|---|---|
| $0 – $25,000 | 1.4% of dutiable value |
| $25,001 – $130,000 | $350 + 2.4% over $25,000 |
| $130,001 – $960,000 | $2,870 + 6% over $130,000 |
| $960,001 – $2,000,000 | 5.5% of the whole dutiable value |
| Above $2,000,000 | $110,000 + 6.5% over $2,000,000 |
The State Revenue Office offers a principal place of residence (PPR) concession for some owner-occupiers buying a home as their principal residence. This calculator does not model the PPR concession — its owner-occupier figure uses the standard land transfer duty rates, the same as for investors, so treat the owner-occupier result as the duty before any PPR concession you may separately qualify for. Investors pay the standard rates with no concession. Confirm your PPR eligibility and the current value limits with the SRO.
Victoria offers full exemption from land transfer duty for eligible first home buyers on properties valued up to $600,000, with a sliding partial concession from $600,000 to $750,000. The thresholds apply to dutiable value (usually the purchase price). Above $750,000 first home buyers pay full standard rates. To qualify you must be 18 or older, never have received a first home buyer benefit anywhere in Australia, occupy the property as your principal place of residence for at least 12 months starting within 12 months of settlement, and meet the citizenship/residency rules. Pensioners may qualify for a separate concession unrelated to the FHB scheme.
For full eligibility details and to apply, see State Revenue Office Victoria: First Home Buyer Duty Exemption / Concession.
When a foreign person acquires residential property in Victoria, the 8% additional foreign purchaser duty applies in addition to the standard land transfer duty. The surcharge is collected by State Revenue Office Victoria at the same time as the standard duty. Australian citizens and permanent residents are not foreign persons for the purposes of this surcharge.
| Scenario | Investor | Owner-occupier | First home buyer |
|---|---|---|---|
| $480,000 property | $23,870 | $23,870 | $0 (FHB exemption) |
| $680,000 property | $35,870 | $35,870 | $19,131 (FHB concession) |
| $1,000,000 property | $55,000 | $55,000 | $55,000 (over cap) |
Estimates use State Revenue Office Victoria 2026–27 land transfer duty rates. Always confirm the exact figure with your solicitor or conveyancer before settlement — these calculations do not account for off-the-plan concessions, pensioner concessions, or other state-specific reliefs that may apply to your situation.
Need to calculate stamp duty for another state? Use our all-states stamp duty calculator, which covers NSW, VIC, QLD, SA, WA, TAS, ACT, and NT in a single tool. Each state has different rates, thresholds, and concessions — Victoria has the highest top-bracket rate in Australia (6.5% on the portion above $2 million).
Victorian stamp duty (officially "land transfer duty") is charged by the State Revenue Office Victoria (SRO) on the dutiable value of any property purchase. Duty is 1.4% up to $25,000, 2.4% on the portion from $25,000 to $130,000, and 6% on the portion from $130,000 to $960,000. From $960,000 to $2 million duty is a flat 5.5% of the whole price, and above $2 million it is $110,000 plus 6.5% of the amount over $2 million.
Eligible first home buyers pay no land transfer duty on properties up to $600,000, with a sliding partial concession from $600,000 to $750,000. Above $750,000 the standard rates apply. The exemption applies to both new and established homes used as a principal place of residence.
The State Revenue Office offers a principal place of residence (PPR) concession for some owner-occupiers buying a home as their principal residence, separate from the first home buyer exemption. This calculator does not model the PPR concession — its owner-occupier figure uses the standard land transfer duty rates, so treat the owner-occupier result as the duty before any PPR concession you may separately qualify for. Confirm your eligibility and the current value limits with the SRO.
Land transfer duty in Victoria is payable within 30 days of settlement. In practice, your conveyancer pays the SRO at settlement using funds drawn from your loan and deposit. Late payment attracts interest at the rate published by the SRO, plus penalty tax in some circumstances.
Foreign purchasers pay an additional 8% foreign purchaser duty on top of standard land transfer duty when buying residential property in Victoria. The surcharge is collected by the SRO at the same time as the standard duty. Australian citizens, permanent residents (including New Zealand citizens with a Special Category Visa who satisfy the residency test) are not foreign purchasers.
No. Stamp duty paid by a Victorian property investor is not immediately deductible against rental income. It is added to the cost base of the property and reduces capital gains tax when the property is later sold. Owner-occupiers cannot deduct stamp duty at all.