Stamp Duty on $750,000 in VIC
Stamp duty on a $750,000 property in VIC (Victoria) is $40,070.00 at the general rate. Change the price or buyer below to recalculate with official Victoria rates.
Stamp duty on $750,000 in VIC by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $40,070.00 | 5.34% |
| Home you will live in | $40,070.00 | 5.34% |
| First home buyer, established home | $40,070.00 | 5.34% |
| First home buyer, new home | $40,070.00 | 5.34% |
| Foreign buyer (duty plus surcharge) | $100,070.00 | 13.34% |
How the $750,000 figure is worked out
- General rate: $2,870.00 plus 6% of the $620,000 above $130,000.
First home buyers: Concession: duty × (value − $600,000) ÷ $150,000 (Duties Act 2000 s 57JA(3)).
Stamp duty near $750,000 in VIC
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $600,000 | $31,070 | $31,070 |
| Stamp duty on $650,000 | $34,070 | $34,070 |
| Stamp duty on $700,000 | $37,070 | $37,070 |
| $750,000 | $40,070 | $40,070 |
| Stamp duty on $800,000 | $43,070 | $43,070 |
| Stamp duty on $850,000 | $46,070 | $46,070 |
| Stamp duty on $900,000 | $49,070 | $49,070 |
$750,000 stamp duty in every state
At $750,000, Victoria ranks number 8 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $22,200 |
| Queensland | $26,775 |
| New South Wales | $27,937 |
| Tasmania | $28,935 |
| Western Australia | $29,741 |
| South Australia | $35,080 |
| Northern Territory | $37,125 |
| Victoria | $40,070 |
Frequently asked questions
How much is stamp duty on $750,000 in VIC?
Stamp duty on a $750,000 property in Victoria is $40,070.00 at the general rate. That is 5.34% of the price. First home buyer relief does not reduce duty on an established home at $750,000; the buyer pays $40,070.00.
Do first home buyers pay stamp duty on $750,000 in VIC?
First home buyer relief does not reduce duty on an established home at $750,000; the buyer pays $40,070.00.
How much stamp duty does a foreign buyer pay on $750,000 in VIC?
$100,070.00 in total: $40,070.00 transfer duty plus $60,000.00 foreign purchaser additional duty (8%).