Work out Victorian land transfer duty at general rates, with the principal place of residence concession and the first home buyer exemption.
Victorian land transfer duty is about 6% on the part of the price above $130,000 for most properties up to $960,000. A $650,000 property at general rates is about $34,070. First home buyers pay no duty on eligible homes up to $600,000 and a reduced amount from $600,001 to $750,000. Rates here were checked against the State Revenue Office (SRO) in October 2026.
| Dutiable value | Duty |
|---|---|
| Up to $25,000 | 1.4% of the value |
| $25,001 to $130,000 | $350 plus 2.4% of the amount over $25,000 |
| $130,001 to $960,000 | $2,870 plus 6% of the amount over $130,000 |
| $960,001 to $2,000,000 | 5.5% of the whole value |
| Over $2,000,000 | $110,000 plus 6.5% of the amount over $2,000,000 |
If you buy a home worth up to $550,000 and move in within 12 months and live there for at least 12 months, lower rates can apply:
| Dutiable value | Duty (PPR concession) |
|---|---|
| Up to $25,000 | 1.4% of the value |
| $25,001 to $130,000 | $350 plus 2.4% over $25,000 |
| $130,001 to $440,000 | $2,870 plus 5% over $130,000 |
| $440,001 to $550,000 | $18,370 plus 6% over $440,000 |
Eligible first home buyers pay no duty on a home up to $600,000. From $600,001 to $750,000 a reduced amount applies on a sliding scale, and the calculator does not estimate this band. Use the SRO calculator for an exact figure. Eligibility conditions apply, including living in the home.
| Price | General rate | PPR concession | First home buyer |
|---|---|---|---|
| $400,000 | $19,070 | $16,370 | Nil |
| $550,000 | $28,070 | $24,970 | Nil |
| $600,000 | $31,070 | n/a | Nil |
| $700,000 | $37,070 | n/a | Reduced (see SRO) |
| $750,000 | $40,070 | n/a | Reduced (see SRO) |
| $900,000 | $49,070 | n/a | n/a |
| $1,200,000 | $66,000 | n/a | n/a |
Foreign purchasers pay additional duty, and other concessions (off-the-plan, pensioner, regional) exist. Check the State Revenue Office for your situation. See also our national stamp duty calculator and the Queensland stamp duty calculator.
Work out your repayments once you know the duty.
Open the Mortgage CalculatorHow much is stamp duty in Victoria?
At general rates a $650,000 property attracts about $34,070. The amount depends on the price, and on whether a concession applies.
Do first home buyers pay stamp duty in Victoria?
Eligible first home buyers pay no duty on homes up to $600,000 and a reduced amount from $600,001 to $750,000. Conditions apply.
What is the principal place of residence concession in Victoria?
Lower duty rates for a home up to $550,000 that you move into within 12 months and live in for at least 12 months.
Is stamp duty the same as land transfer duty?
Yes. In Victoria it is officially called land transfer duty and is paid on the dutiable value, which is the price or market value, whichever is greater.
Is this calculator official?
No. It uses published State Revenue Office rates for estimates. Confirm your figure with the SRO or your conveyancer.