Key takeaways
- On SRO Victoria's rates checked 30 September 2026, land transfer duty on a $750,000 home is $40,070, an effective rate of 5.34%.
- First home buyers pay $0 up to $600,000 and a reduced amount up to $750,000. Owner-occupiers get a lower principal place of residence rate up to $550,000.
- Duty is marginal: $21,970 on a $500,000 home you live in ($25,070 for an investor) and $55,000 on $1,000,000.
- Foreign buyers add 8% foreign purchaser additional duty, $60,000 on a $750,000 home (contracts from 1 July 2019).
- The calculator above and every table below use the same schedules. Confirm your figure with SRO Victoria or your conveyancer before you sign.
In this guide11 sections
In Victoria a higher price can cost you twice: a few thousand dollars more at auction can push a first home buyer past $600,000 or $750,000, where duty relief shrinks or disappears. Know your duty at every price before you bid.
Rates checked against the State Revenue Office Victoria on 30 September 2026
Duty rates, thresholds and concessions change, sometimes at budget time. The calculator and every table on this page use the State Revenue Office Victoria schedules as published on 30 September 2026. Confirm your own figure with the State Revenue Office Victoria or your conveyancer before you sign a contract.
VIC stamp duty worked examples: $500,000, $750,000 and $1,000,000
What land transfer duty comes to at three common prices, worked by the calculator above on the State Revenue Office Victoria rates. The investor column is the standard rate; the owner-occupier column is for a buyer who will live in the home. A foreign buyer pays the 8% foreign purchaser additional duty on top.
| Price | Investor | Owner-occupier | First home buyer | Foreign surcharge |
|---|---|---|---|---|
| $500,000 | $25,070 | $21,970 | $0 (saves $21,970) | $40,000 |
| $750,000 | $40,070 | $40,070 | $40,070 | $60,000 |
| $1,000,000 | $55,000 | $55,000 | $55,000 | $80,000 |
The figures exclude the land titles registration and transfer fees. First home buyer figures assume an established home and that you meet the eligibility rules set out below.
VIC stamp duty rates 2026
The State Revenue Office Victoria charges land transfer duty on a marginal scale: each slice of the price is taxed at its own rate and the slices stack, so the effective rate rises slowly as the price rises rather than jumping.
A $750,000 home falls in the $130,001 to $960,000 band, so the duty is $2,870 plus 6% of the $620,000 over $130,000. That is $2,870 + $37,200 = $40,070, an effective rate of 5.34%.
One quirk: between $960,001 and $2,000,000 Victoria charges 5.5% of the whole value rather than a marginal rate, so a home just over $960,000 pays slightly more than the marginal scale would give (SRO Victoria).
The table is the standard rate. Owner-occupiers pay the lower principal place of residence rate on a home up to $550,000 (under concession rates below); at $750,000 it no longer applies, so everyone pays $40,070.
| Dutiable value | Duty |
|---|---|
| Up to $25,000 | 1.4% of the value |
| $25,001 to $130,000 | $350 plus 2.4% of the value over $25,000 |
| $130,001 to $960,000 | $2,870 plus 6% of the value 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 value over $2,000,000 |
Source: SRO Victoria: Land transfer duty, general (non-principal place of residence) current rates, contracts from 1 July 2021, read 30 September 2026.
First home buyer thresholds in Victoria
An eligible first home buyer pays no land transfer duty on a home valued up to $600,000, and a reduced amount between $600,001 and $750,000. Above $750,000 there is no first home buyer duty relief (SRO Victoria, page updated 15 September 2026; thresholds in place since 1 July 2017).
The reduction shrinks in a straight line across the band. SRO Victoria's own example: a first home buyer paying $700,000 pays $24,713, a saving of $12,357 on the general rate.
To qualify, at least one buyer must be an Australian citizen, New Zealand citizen or permanent resident, you must live in the home for 12 continuous months starting within 12 months of settlement, and you cannot have owned and lived in a home in Australia for six months or more since 1 July 2000 (SRO Victoria).
Our Victorian first home buyer guide covers the First Home Owner Grant, which SRO Victoria pays on a new home valued up to $750,000.
| Price | Owner-occupier duty | First home buyer pays | Saving |
|---|---|---|---|
| $500,000 | $21,970 | $0 | $21,970 |
| $600,000 | $31,070 | $0 | $31,070 |
| $650,000 | $34,070 | $11,357 | $22,713 |
| $700,000 | $37,070 | $24,713 | $12,357 |
| $750,000 | $40,070 | $40,070 | None |
VIC stamp duty concession rates
Victoria has two concessions for people buying a home to live in. The principal place of residence (PPR) rate is open to any owner-occupier on a home up to $550,000 who moves in within 12 months and stays 12 months. It saves $3,100 on a $500,000 home. Above $550,000 the general rates apply.
| Dutiable value | Duty |
|---|---|
| Up to $25,000 | 1.4% of the value |
| $25,001 to $130,000 | $350 plus 2.4% of the value over $25,000 |
| $130,001 to $440,000 | $2,870 plus 5% of the value over $130,000 |
| $440,001 to $550,000 | $18,370 plus 6% of the value over $440,000 |
| Over $550,000 | General rates apply |
Foreign buyer surcharge in Victoria
A foreign purchaser of residential property in Victoria pays foreign purchaser additional duty of 8% of the dutiable value, on top of land transfer duty, for contracts from 1 July 2019 (SRO Victoria). On a $750,000 home that adds $60,000.
Exemptions: who pays less or nothing in Victoria
- First home buyers. No duty up to $600,000, reduced duty to $750,000.
- Principal place of residence concession. A lower rate for any owner-occupier on a home up to $550,000.
- Pensioners and concession card holders. A once-only exemption or concession for eligible card holders (SRO Victoria).
- Off-the-plan concession. Duty on an eligible off-the-plan home can be charged on a reduced dutiable value.
- Spouses and partners. A transfer of a home between spouses or domestic partners for no payment can be exempt if one of you lives there.
Each one has its own eligibility test, set out by the State Revenue Office Victoria. A concession you are not entitled to can be reassessed with interest and penalties, so confirm it before settlement.
What is stamp duty in Victoria?
Stamp duty in Victoria is officially called land transfer duty. It is a one-off state tax on the transfer of property, and for most buyers it is the biggest upfront government cost after the deposit itself.
The buyer pays it, not the seller, and it is settled at the same time as the property. It is charged on the dutiable value, normally the purchase price or the market value if that is higher. Because the rate climbs as the price climbs, the duty grows faster than the price does.
When do you pay stamp duty in Victoria?
The buyer pays land transfer duty, not the seller, and it is normally paid at settlement. Your conveyancer or solicitor works out the figure, lodges the transaction with the State Revenue Office Victoria and pays the duty from the settlement funds, so you rarely deal with the revenue office yourself.
Budget for it as cash on top of your deposit from the start: on a $750,000 home in Victoria it is $40,070 for an owner-occupier. Late payment can attract interest, which is one more reason the timing sits with your conveyancer. Our conveyancing guide explains who does what at settlement.
Stamp duty calculators for other states
Every state sets its own rates. Each of these pages runs the same calculator, locked to that state, with its rates table and first home buyer rules.
- NSW stamp duty calculator$27,937 on a $750,000 home; first home buyers pay $0 up to $800,000.
- SA stamp duty calculator$35,080 on a $750,000 home; first home buyers pay $0 on a new home.
- TAS stamp duty calculator$28,935 on a $750,000 home; the first home exemption ended 30 June 2026.
- QLD stamp duty calculator$19,600 on a $750,000 home; first home buyers pay $0 up to $700,000.
- WA stamp duty calculator$29,741 on a $750,000 home; first home buyers pay $0 up to $600,000.
- ACT stamp duty calculator$19,208 on a $750,000 home; eligible buyers pay $0 from 1 July 2026.
- NT stamp duty calculator$37,125 on a $750,000 home; a $50,000 first-home grant, no concession.
Common questions
How much is stamp duty on a $800,000 house in Victoria?
On SRO Victoria's general rates, land transfer duty on an $800,000 home is $43,070, an effective rate of 5.38%. That is what an owner-occupier, an investor and a first home buyer all pay, because $800,000 is above both the $550,000 owner-occupier rate and the $750,000 first home buyer limit. A foreign buyer adds 8%, $64,000.
Do first home buyers pay stamp duty in Victoria?
Not on a home up to $600,000: an eligible first home buyer pays nothing. Between $600,001 and $750,000 they pay a reduced amount, and above $750,000 the full rate (SRO Victoria). On a $700,000 home the duty is $24,713 instead of $37,070. You must live in the home for 12 months, starting within 12 months of settlement.
How do I avoid paying stamp duty in Victoria?
You cannot avoid land transfer duty on a normal purchase, but SRO Victoria offers several ways to pay less: the first home buyer exemption to $600,000, the principal place of residence rate for any owner-occupier to $550,000 (worth $3,100 on $500,000), the pensioner and concession card holder reduction, the off-the-plan concession and the spouse transfer exemption. Each has its own eligibility test, so check it before you sign.
When do you pay stamp duty in Victoria?
Normally at settlement. Your conveyancer or solicitor calculates the land transfer duty, lodges it with the State Revenue Office Victoria and pays it out of the settlement funds, so the money has to be ready on the day on top of your deposit. On a $750,000 home in Victoria that is $40,070 for an owner-occupier. Pay late and interest can be charged, which is why the conveyancer handles the timing.
Is stamp duty in Victoria higher than in other states?
At most prices, yes. On a $750,000 home an owner-occupier in Victoria pays $40,070, the highest of the eight states and territories on our calculator (NSW $27,937, Queensland $19,600, WA $29,741). The 6% marginal rate from $130,000 is why. Figures use each revenue office's rates checked 30 September 2026.
Keep reading
- Stamp Duty CalculatorCalculatorAll eight states and territories in one calculator.
- First Home Buyer Guide VICGrants, schemes and the Victorian buying process.
- Section 32 Vendor StatementWhat the vendor must disclose before you buy.
- How Much Deposit Do You Need?Deposit, LMI and the schemes that waive it.
- Conveyancing in AustraliaWhat conveyancers do and what they cost.
Sources and methodology
- SRO Victoria: Land transfer duty, general (non-principal place of residence) current rates · contracts from 1 July 2021, read 30 September 2026
- SRO Victoria: Land transfer duty, principal place of residence current rates · contracts from 6 May 2008, read 30 September 2026
- SRO Victoria: First home buyer duty exemption or concession · page updated 15 September 2026
- SRO Victoria: Foreign purchaser additional duty, current rates · 8% for contracts on or after 1 July 2019
- SRO Victoria: Concessions, exemptions and waivers (PPR, pensioner, off-the-plan, spouse and partner) · read 30 September 2026
- Worked examples, tables and FAQ figures on this page are calculated by our stamp duty calculator from the schedules above, rounded to the dollar. They exclude the land titles registration and transfer fees.