Stamp Duty on $1,400,000 in QLD
Stamp duty on a $1,400,000 property in QLD (Queensland) is $61,025.00 at the general rate and $53,850.00 if you will live in it. Change the price or buyer below to recalculate with official Queensland rates.
Stamp duty on $1,400,000 in QLD by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $61,025.00 | 4.36% |
| Home you will live in | $53,850.00 | 3.85% |
| First home buyer, established home | $53,850.00 | 3.85% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $173,025.00 | 12.36% |
How the $1,400,000 figure is worked out
- General rate: $38,025.00 plus $5.75 per $100 of the $400,000 above $1,000,000 (rounded up to the next $100).
- Home concession rates: $30,850.00 plus $5.75 per $100 of the $400,000 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 $1,400,000 in QLD
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,100,000 | $43,775 | $36,600 |
| Stamp duty on $1,200,000 | $49,525 | $42,350 |
| Stamp duty on $1,300,000 | $55,275 | $48,100 |
| $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 |
| Stamp duty on $1,750,000 | $81,150 | $73,975 |
$1,400,000 stamp duty in every state
At $1,400,000, Queensland ranks number 3 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Tasmania | $58,185 |
| New South Wales | $58,287 |
| Queensland | $61,025 |
| Australian Capital Territory | $62,550 |
| Western Australia | $63,216 |
| Northern Territory | $69,300 |
| South Australia | $70,830 |
| Victoria | $77,000 |
Frequently asked questions
How much is stamp duty on $1,400,000 in QLD?
Stamp duty on a $1,400,000 property in Queensland is $61,025.00 at the general rate, or $53,850.00 for a home you will live in (home concession rates). That is 4.36% of the price. First home buyer relief does not reduce duty on an established home at $1,400,000; the buyer pays $53,850.00.
Do first home buyers pay stamp duty on $1,400,000 in QLD?
First home buyer relief does not reduce duty on an established home at $1,400,000; the buyer pays $53,850.00. On a new home or off-the-plan purchase it is $0.00.
How much stamp duty does a foreign buyer pay on $1,400,000 in QLD?
$173,025.00 in total: $61,025.00 transfer duty plus $112,000.00 additional foreign acquirer duty (8%).