Stamp Duty on $500,000 in QLD
Stamp duty on a $500,000 property in QLD (Queensland) is $15,925.00 at the general rate and $8,750.00 if you will live in it. Change the price or buyer below to recalculate with official Queensland rates.
Stamp duty on $500,000 in QLD by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $15,925.00 | 3.19% |
| Home you will live in | $8,750.00 | 1.75% |
| First home buyer, established home | $0.00 | 0% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $55,925.00 | 11.19% |
How the $500,000 figure is worked out
- General rate: $1,050.00 plus $3.50 per $100 of the $425,000 above $75,000 (rounded up to the next $100).
- Home concession rates: $3,500.00 plus $3.50 per $100 of the $150,000 above $350,000 (rounded up to the next $100).
First home buyers: First home concession: no duty on an established home up to $700,000.
Stamp duty near $500,000 in QLD
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $350,000 | $10,675 | $3,500 |
| Stamp duty on $400,000 | $12,425 | $5,250 |
| Stamp duty on $450,000 | $14,175 | $7,000 |
| $500,000 | $15,925 | $8,750 |
| Stamp duty on $550,000 | $17,775 | $10,600 |
| Stamp duty on $600,000 | $20,025 | $12,850 |
| Stamp duty on $650,000 | $22,275 | $15,100 |
$500,000 stamp duty in every state
At $500,000, Queensland ranks number 2 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $11,400 |
| Queensland | $15,925 |
| New South Wales | $16,687 |
| Western Australia | $17,765 |
| Tasmania | $18,248 |
| South Australia | $21,330 |
| Northern Territory | $23,929 |
| Victoria | $25,070 |
Frequently asked questions
How much is stamp duty on $500,000 in QLD?
Stamp duty on a $500,000 property in Queensland is $15,925.00 at the general rate, or $8,750.00 for a home you will live in (home concession rates). That is 3.19% of the price. An eligible first home buyer pays no duty on an established home at $500,000.
Do first home buyers pay stamp duty on $500,000 in QLD?
An eligible first home buyer pays no duty on an established home at $500,000.
How much stamp duty does a foreign buyer pay on $500,000 in QLD?
$55,925.00 in total: $15,925.00 transfer duty plus $40,000.00 additional foreign acquirer duty (8%).