- First home buyer, $750,000 established home
- $40,070
- Buying a $750,000 home to live in
- $40,070
- Investor buying at $750,000
- $40,070
Stamp duty calculator
Estimated stamp duty in Victoria
$46,070
- General rates
- $46,070
Estimate from the Victoria schedule checked 21 October 2026. Concessions have conditions (living in the home, previous ownership, citizenship); your conveyancer confirms the final amount. How VIC stamp duty works
Stamp duty comes out of the same savings as your deposit. See what you could borrow with it included.
How land transfer duty works in Victoria
Victoria's land transfer duty is charged on the dutiable value, usually the contract price or market value if higher. Notice the jump at $960,000: above that point duty is 5.5% of the entire price, not just the part above the threshold.
Anyone buying a home to live in valued up to $550,000, not only first home buyers, can get the principal place of residence concession, a lower rate on the band between $130,000 and $440,000 that saves up to $3,100.
| Dutiable value | Duty |
|---|---|
| $0 to $25,000 | 1.4% of the dutiable value |
| $25,001 to $130,000 | $350 plus 2.4% of the value over $25,000 |
| $130,001 to $960,000 | $2,870 plus 6% of the value over $130,000 |
| $960,001 to $2,000,000 | 5.5% of the whole dutiable value |
| Over $2,000,000 | $110,000 plus 6.5% of the value over $2,000,000 |
| Dutiable value | Duty |
|---|---|
| $0 to $25,000 | 1.4% of the dutiable value |
| $25,001 to $130,000 | $350 plus 2.4% of the value over $25,000 |
| $130,001 to $440,000 | $2,870 plus 5% of the value over $130,000 |
| $440,001 to $550,000 | $18,370 plus 6% of the value over $440,000 |
| Over $550,000 | General rates apply |
What it costs at different prices
| Price | First home buyer (established home) | First home buyer (new home) | Buying a home to live in | Investor |
|---|---|---|---|---|
| $500,000 | $0 | $0 | $21,970 | $25,070 |
| $600,000 | $0 | $0 | $31,070 | $31,070 |
| $700,000 | $24,713 | $24,713 | $37,070 | $37,070 |
| $750,000 | $40,070 | $40,070 | $40,070 | $40,070 |
| $900,000 | $49,070 | $49,070 | $49,070 | $49,070 |
| $1,000,000 | $55,000 | $55,000 | $55,000 | $55,000 |
| $1,500,000 | $82,500 | $82,500 | $82,500 | $82,500 |
First home buyers
An eligible first home buyer pays no duty on a home up to $600,000, and a reduced amount between $600,000 and $750,000. The reduction slides down as the price rises: the duty payable is the normal duty multiplied by how far the price sits into that band (for example, halfway, at $675,000, you pay half). Above $750,000 there is no first home buyer relief.
It applies to new homes, established homes and vacant land you will build your first home on (for land, only the land value counts, not the building contract). You must live in the home for 12 months, starting within 12 months of settlement.
The Victorian First Home Owner Grant pays $10,000 toward a new home (never lived in) valued up to $750,000.
The Australian Government 5% Deposit Scheme lets first home buyers purchase with a 5% deposit and no lenders mortgage insurance, up to $950,000 in Melbourne and regional centres, or $650,000 elsewhere in the state. See first home buyers in Victoria for every scheme in one place.
New homes, off the plan, house and land and vacant land
For vacant land, duty is assessed on the land only, and the building contract is not dutiable. With a house and land package, how the contracts are structured decides what is taxed: see split contracts and stamp duty.
Victoria's off the plan concession can reduce the dutiable value of an off the plan purchase by excluding construction that happens after you sign. The calculator on this page uses the full price, so an eligible off the plan buyer may pay less than it shows.
Foreign buyers
Foreign purchasers of residential property pay additional duty of 8% of the dutiable value.
When stamp duty is paid
Your conveyancer or solicitor lodges the duty form and pays duty from your funds, usually at settlement. The State Revenue Office sets the legal deadline.
Stamp duty usually comes out of the same savings as your deposit, which is why it changes what you can buy: every dollar of duty is a dollar that isn't reducing your loan. Lenders don't lend for duty itself, so it has to be covered by cash or equity.
Common questions
How much is stamp duty on a $750,000 home in Victoria?
For someone buying a home to live in, about $40,070. An investor pays about $40,070, and an eligible first home buyer buying an established home pays about $40,070. These are calculated from the current State Revenue Office Victoria schedule.
Do first home buyers pay stamp duty in Victoria?
An eligible first home buyer pays no duty on a home up to $600,000, and a reduced amount between $600,000 and $750,000. The reduction slides down as the price rises: the duty payable is the normal duty multiplied by how far the price sits into that band (for example, halfway, at $675,000, you pay half). Above $750,000 there is no first home buyer relief.
Is stamp duty charged on a house and land package in Victoria?
For vacant land, duty is assessed on the land only, and the building contract is not dutiable. With a house and land package, how the contracts are structured decides what is taxed: see split contracts and stamp duty.
Can I add stamp duty to my home loan?
Lenders lend against the property, not the duty, so duty normally has to come from your own savings or from equity in a property you already own. Some buyers use equity in an existing home, or a family guarantee, to cover it. Joshua can show you how that would work for your situation.
Sources
- SRO Victoria: land transfer duty general rates, checked 21 October 2026
- SRO Victoria: principal place of residence concession, checked 21 October 2026
- SRO Victoria: first home buyer duty exemption or concession, checked 21 October 2026
- Duties Act 2000 (Vic), section 57JA, checked 21 October 2026
- SRO Victoria: foreign purchaser additional duty rates, checked 21 October 2026
- firsthomebuyers.gov.au: 5% Deposit Scheme property price caps, checked 21 October 2026
- SRO Victoria: First Home Owner Grant, checked 21 October 2026
General information only, not credit advice. It doesn’t take your objectives, financial situation or needs into account. Rules and figures change; check them, or talk to Joshua, before you rely on them.