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.
Victorian land transfer duty is administered by the State Revenue Office Victoria (SRO) under the Duties Act 2000. Rates step up sharply across five brackets, from nil under $25,000 to 6.5% on the portion above $870,000 — 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 | nil |
| $25,001 – $130,000 | 1.4% of dutiable value |
| $130,001 – $440,000 | $1,470 + 2.4% over $130,000 |
| $440,001 – $870,000 | $8,910 + 5.5% over $440,000 |
| Above $870,000 | $43,605 + 6.5% over $870,000 |
Victoria offers a principal place of residence (PPR) concession on properties up to $550,000, providing a partial reduction in duty for owner-occupiers. Investors pay the standard rates with no concession. The PPR concession stacks with neither the FHB exemption nor the off-the-plan concession — buyers receive the most favourable single concession.
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 | $11,110 | $11,110 | $0 (FHB exemption) |
| $680,000 property | $22,110 | $22,110 | $11,792 (FHB concession) |
| $1,000,000 property | $41,010 | $41,010 | $41,010 (over cap) |
Estimates use State Revenue Office Victoria 2025–26 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% above $870k).
Victorian stamp duty (officially "land transfer duty") is charged by the State Revenue Office Victoria (SRO) on the dutiable value of any property purchase. Rates step up across five brackets, from nil under $25,000 to 6.5% on the portion above $870,000 — the highest top-bracket rate in any Australian state.
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 principal place of residence (PPR) concession provides a partial duty reduction for owner-occupiers buying a home valued up to $550,000. It is available to anyone using the property as their principal residence — not just first home buyers. The PPR concession does not stack with the FHB exemption — buyers receive the most favourable single concession.
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.