Stamp Duty on $900,000 in VIC
Stamp duty on a $900,000 property in VIC (Victoria) is $49,070.00 at the general rate. Change the price or buyer below to recalculate with official Victoria rates.
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Stamp duty on $900,000 in VIC by buyer
| Buyer | Stamp duty | Share of price |
|---|---|---|
| Investor (general rate) | $49,070.00 | 5.45% |
| Home you will live in | $49,070.00 | 5.45% |
| First home buyer, established home | $49,070.00 | 5.45% |
| First home buyer, new home | $49,070.00 | 5.45% |
| Foreign buyer (duty plus surcharge) | $121,070.00 | 13.45% |
How the $900,000 figure is worked out
- General rate: $2,870.00 plus 6% of the $770,000 above $130,000.
First home buyers: No first home buyer concession above $750,000.
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Stamp duty near $900,000 in VIC
| Price | General rate | Home buyer |
|---|---|---|
| Stamp duty on $750,000 | $40,070 | $40,070 |
| Stamp duty on $800,000 | $43,070 | $43,070 |
| Stamp duty on $850,000 | $46,070 | $46,070 |
| $900,000 | $49,070 | $49,070 |
| Stamp duty on $950,000 | $52,070 | $52,070 |
| Stamp duty on $1,000,000 | $55,000 | $55,000 |
| Stamp duty on $1,100,000 | $60,500 | $60,500 |
$900,000 stamp duty in every state
At $900,000, Victoria ranks number 8 of 8 from cheapest for general-rate stamp duty.
| State | General rate |
|---|---|
| Australian Capital Territory | $31,050 |
| Queensland | $33,525 |
| New South Wales | $34,687 |
| Tasmania | $35,685 |
| Western Australia | $37,466 |
| South Australia | $43,330 |
| Northern Territory | $44,550 |
| Victoria | $49,070 |
Frequently asked questions
How much is stamp duty on $900,000 in VIC?
Stamp duty on a $900,000 property in Victoria is $49,070.00 at the general rate. That is 5.45% of the price. First home buyer relief does not reduce duty on an established home at $900,000; the buyer pays $49,070.00.
Do first home buyers pay stamp duty on $900,000 in VIC?
First home buyer relief does not reduce duty on an established home at $900,000; the buyer pays $49,070.00.
How much stamp duty does a foreign buyer pay on $900,000 in VIC?
$121,070.00 in total: $49,070.00 transfer duty plus $72,000.00 foreign purchaser additional duty (8%).
Sources
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