Stamp Duty on $400,000 in VIC
Stamp duty on a $400,000 property in VIC (Victoria) is $19,070.00 at the general rate and $16,370.00 if you will live in it. Change the price or buyer below to recalculate with official Victoria rates.
Stamp duty on $400,000 in VIC by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $19,070.00 | 4.77% |
| Home you will live in | $16,370.00 | 4.09% |
| First home buyer, established home | $0.00 | 0% |
| First home buyer, new home | $0.00 | 0% |
| Foreign buyer (duty plus surcharge) | $51,070.00 | 12.77% |
How the $400,000 figure is worked out
- General rate: $2,870.00 plus 6% of the $270,000 above $130,000.
- Principal place of residence rates: $2,870.00 plus 5% of the $270,000 above $130,000.
First home buyers: Full exemption: dutiable value $600,000 or less.
Stamp duty near $400,000 in VIC
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $300,000 | $13,070 | $11,370 |
| Stamp duty on $350,000 | $16,070 | $13,870 |
| $400,000 | $19,070 | $16,370 |
| Stamp duty on $450,000 | $22,070 | $18,970 |
| Stamp duty on $500,000 | $25,070 | $21,970 |
| Stamp duty on $550,000 | $28,070 | $24,970 |
$400,000 stamp duty in every state
At $400,000, Victoria ranks number 8 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $8,000 |
| New South Wales | $12,187 |
| Queensland | $12,425 |
| Western Australia | $13,015 |
| Tasmania | $13,998 |
| South Australia | $16,330 |
| Northern Territory | $16,514 |
| Victoria | $19,070 |
Frequently asked questions
How much is stamp duty on $400,000 in VIC?
Stamp duty on a $400,000 property in Victoria is $19,070.00 at the general rate, or $16,370.00 for a home you will live in (principal place of residence rates). That is 4.77% of the price. An eligible first home buyer pays no duty on an established home at $400,000.
Do first home buyers pay stamp duty on $400,000 in VIC?
An eligible first home buyer pays no duty on an established home at $400,000.
How much stamp duty does a foreign buyer pay on $400,000 in VIC?
$51,070.00 in total: $19,070.00 transfer duty plus $32,000.00 foreign purchaser additional duty (8%).