Stamp Duty on $3,000,000 in QLD
Stamp duty on a $3,000,000 property in QLD (Queensland) is $153,025.00 at the general rate and $145,850.00 if you will live in it. Change the price or buyer below to recalculate with official Queensland rates.
Stamp duty on $3,000,000 in QLD by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $153,025.00 | 5.1% |
| Home you will live in | $145,850.00 | 4.86% |
| First home buyer, established home | $145,850.00 | 4.86% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $393,025.00 | 13.1% |
How the $3,000,000 figure is worked out
- General rate: $38,025.00 plus $5.75 per $100 of the $2,000,000 above $1,000,000 (rounded up to the next $100).
- Home concession rates: $30,850.00 plus $5.75 per $100 of the $2,000,000 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 $3,000,000 in QLD
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,750,000 | $81,150 | $73,975 |
| Stamp duty on $2,000,000 | $95,525 | $88,350 |
| Stamp duty on $2,500,000 | $124,275 | $117,100 |
| $3,000,000 | $153,025 | $145,850 |
$3,000,000 stamp duty in every state
At $3,000,000, Queensland ranks number 5 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Tasmania | $130,185 |
| Australian Capital Territory | $136,200 |
| Western Australia | $145,616 |
| New South Wales | $146,287 |
| Queensland | $153,025 |
| South Australia | $158,830 |
| Northern Territory | $172,500 |
| Victoria | $175,000 |
Frequently asked questions
How much is stamp duty on $3,000,000 in QLD?
Stamp duty on a $3,000,000 property in Queensland is $153,025.00 at the general rate, or $145,850.00 for a home you will live in (home concession rates). That is 5.1% of the price. First home buyer relief does not reduce duty on an established home at $3,000,000; the buyer pays $145,850.00.
Do first home buyers pay stamp duty on $3,000,000 in QLD?
First home buyer relief does not reduce duty on an established home at $3,000,000; the buyer pays $145,850.00. On a new home or off-the-plan purchase it is $0.00.
How much stamp duty does a foreign buyer pay on $3,000,000 in QLD?
$393,025.00 in total: $153,025.00 transfer duty plus $240,000.00 additional foreign acquirer duty (8%).