Stamp Duty on $1,400,000 in VIC
Stamp duty on a $1,400,000 property in VIC (Victoria) is $77,000.00 at the general rate. Change the price or buyer below to recalculate with official Victoria rates.
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Stamp duty on $1,400,000 in VIC by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $77,000.00 | 5.5% |
| Home you will live in | $77,000.00 | 5.5% |
| First home buyer, established home | $77,000.00 | 5.5% |
| First home buyer, new home | $77,000.00 | 5.5% |
| Foreign buyer (duty plus surcharge) | $189,000.00 | 13.5% |
How the $1,400,000 figure is worked out
- General rate: 5.5% of the whole $1,400,000.
First home buyers: No first home buyer concession above $750,000.
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Stamp duty near $1,400,000 in VIC
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $1,100,000 | $60,500 | $60,500 |
| Stamp duty on $1,200,000 | $66,000 | $66,000 |
| Stamp duty on $1,300,000 | $71,500 | $71,500 |
| $1,400,000 | $77,000 | $77,000 |
| Stamp duty on $1,500,000 | $82,500 | $82,500 |
| Stamp duty on $1,600,000 | $88,000 | $88,000 |
| Stamp duty on $1,750,000 | $96,250 | $96,250 |
$1,400,000 stamp duty in every state
At $1,400,000, Victoria ranks number 8 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 VIC?
Stamp duty on a $1,400,000 property in Victoria is $77,000.00 at the general rate. That is 5.5% of the price. First home buyer relief does not reduce duty on an established home at $1,400,000; the buyer pays $77,000.00.
Do first home buyers pay stamp duty on $1,400,000 in VIC?
First home buyer relief does not reduce duty on an established home at $1,400,000; the buyer pays $77,000.00.
How much stamp duty does a foreign buyer pay on $1,400,000 in VIC?
$189,000.00 in total: $77,000.00 transfer duty plus $112,000.00 foreign purchaser additional duty (8%).
Sources
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