Stamp Duty on $1,300,000 in QLD
Stamp duty on a $1,300,000 property in QLD (Queensland) is $55,275.00 at the general rate and $48,100.00 if you will live in it. Change the price or buyer below to recalculate with official Queensland rates.
Stamp duty on $1,300,000 in QLD by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $55,275.00 | 4.25% |
| Home you will live in | $48,100.00 | 3.7% |
| First home buyer, established home | $48,100.00 | 3.7% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $159,275.00 | 12.25% |
How the $1,300,000 figure is worked out
- General rate: $38,025.00 plus $5.75 per $100 of the $300,000 above $1,000,000 (rounded up to the next $100).
- Home concession rates: $30,850.00 plus $5.75 per $100 of the $300,000 above $1,000,000 (rounded up to the next $100).
First home buyers: No first home concession at $800,000 or more; the home concession rate applies.
Stamp duty near $1,300,000 in QLD
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,000,000 | $38,025 | $30,850 |
| Stamp duty on $1,100,000 | $43,775 | $36,600 |
| Stamp duty on $1,200,000 | $49,525 | $42,350 |
| $1,300,000 | $55,275 | $48,100 |
| Stamp duty on $1,400,000 | $61,025 | $53,850 |
| Stamp duty on $1,500,000 | $66,775 | $59,600 |
| Stamp duty on $1,600,000 | $72,525 | $65,350 |
$1,300,000 stamp duty in every state
At $1,300,000, Queensland ranks number 3 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| New South Wales | $52,787 |
| Tasmania | $53,685 |
| Queensland | $55,275 |
| Australian Capital Territory | $56,150 |
| Western Australia | $58,066 |
| Northern Territory | $64,350 |
| South Australia | $65,330 |
| Victoria | $71,500 |
Frequently asked questions
How much is stamp duty on $1,300,000 in QLD?
Stamp duty on a $1,300,000 property in Queensland is $55,275.00 at the general rate, or $48,100.00 for a home you will live in (home concession rates). That is 4.25% of the price. First home buyer relief does not reduce duty on an established home at $1,300,000; the buyer pays $48,100.00.
Do first home buyers pay stamp duty on $1,300,000 in QLD?
First home buyer relief does not reduce duty on an established home at $1,300,000; the buyer pays $48,100.00. On a new home or off-the-plan purchase it is $0.00.
How much stamp duty does a foreign buyer pay on $1,300,000 in QLD?
$159,275.00 in total: $55,275.00 transfer duty plus $104,000.00 additional foreign acquirer duty (8%).