Free VIC Stamp Duty Calculator (Victoria)
This VIC stamp duty calculator works out transfer duty on a property in Victoria, with first home buyer concessions and the foreign purchaser surcharge. Rates come from the official Victoria revenue office.
VIC stamp duty calculator: duty by price in Victoria
| Price | Investor | Home buyer | First home buyer |
|---|---|---|---|
| $400,000 | $19,070.00 | $16,370.00 | $0.00 |
| $500,000 | $25,070.00 | $21,970.00 | $0.00 |
| $600,000 | $31,070.00 | $31,070.00 | $0.00 |
| $700,000 | $37,070.00 | $37,070.00 | $24,713.33 |
| $750,000 | $40,070.00 | $40,070.00 | $40,070.00 |
| $800,000 | $43,070.00 | $43,070.00 | $43,070.00 |
| $900,000 | $49,070.00 | $49,070.00 | $49,070.00 |
| $1,000,000 | $55,000.00 | $55,000.00 | $55,000.00 |
| $1,250,000 | $68,750.00 | $68,750.00 | $68,750.00 |
| $1,500,000 | $82,500.00 | $82,500.00 | $82,500.00 |
Duty on a set price in VIC
- $300,000 in VIC
- $350,000 in VIC
- $400,000 in VIC
- $450,000 in VIC
- $500,000 in VIC
- $550,000 in VIC
- $600,000 in VIC
- $650,000 in VIC
- $700,000 in VIC
- $750,000 in VIC
- $800,000 in VIC
- $850,000 in VIC
- $900,000 in VIC
- $950,000 in VIC
- $1,000,000 in VIC
- $1,100,000 in VIC
- $1,200,000 in VIC
- $1,300,000 in VIC
- $1,400,000 in VIC
- $1,500,000 in VIC
- $1,600,000 in VIC
- $1,750,000 in VIC
- $2,000,000 in VIC
- $2,500,000 in VIC
- $3,000,000 in VIC
Victoria transfer duty rates
| Dutiable value | Duty |
|---|---|
| $0 – $25,000 | 1.4% |
| $25,001 – $130,000 | $350 plus 2.4% over $25,000 |
| $130,001 – $960,000 | $2,870 plus 6% over $130,000 |
| $960,001 – $2,000,000 | 5.5% of the whole value |
| Over $2,000,000 | $110,000 plus 6.5% over $2,000,000 |
Principal place of residence rates
Lower principal place of residence rates apply to homes up to $550,000.
| Dutiable value | Duty |
|---|---|
| $0 – $25,000 | 1.4% |
| $25,001 – $130,000 | $350 plus 2.4% over $25,000 |
| $130,001 – $440,000 | $2,870 plus 5% over $130,000 |
| $440,001 – $550,000 | $18,370 plus 6% over $440,000 |
First home buyers in Victoria
No duty on a home (new or established) up to $600,000; a reduced amount up to $750,000.
Foreign purchasers
Foreign purchaser additional duty: 8% of the dutiable value, payable on top of transfer duty.
Worked example: $750,000
A $750,000 established home in Victoria attracts $40,070.00 duty at the general rate. First home buyer: Concession: duty × (value − $600,000) ÷ $150,000 (Duties Act 2000 s 57JA(3)).
Good to know
- From $960,000 to $2,000,000 duty is 5.5% of the whole value.
- At least one first home buyer must be an Australian citizen, New Zealand citizen or permanent resident and live in the home for 12 continuous months.
Other states
- New South Wales
- Queensland
- Western Australia
- South Australia
- Tasmania
- Australian Capital Territory
- Northern Territory
Frequently asked questions
What does this VIC stamp duty calculator include?
It applies Victoria's current transfer duty rates, the principal place of residence rates, the first home buyer rules and the 8% foreign purchaser surcharge, as published by the Victoria revenue office. Special concessions (pensioners, off-the-plan, farmland) are not included.
How much is stamp duty on a $750,000 home in Victoria?
$40,070.00 at the general rate. An eligible first home buyer pays $40,070.00.
Do first home buyers pay stamp duty in Victoria?
No duty on a home (new or established) up to $600,000; a reduced amount up to $750,000.
Is there a foreign buyer surcharge in Victoria?
Yes. Foreign purchaser additional duty is 8% of the property value, on top of normal duty.