Victoria Stamp Duty Calculator 2026

Victoria land transfer duty rates for non-principal place of residence (from 1 July 2021):

• $0 - $25,000: 1.4% of dutiable value
• $25,001 - $130,000: $350 plus 2.4% over $25,000
• $130,001 - $960,000: $2,870 plus 6% over $130,000
• $960,001 - $2,000,000: 5.5% of dutiable value
• Over $2,000,000: $110,000 plus 6.5% over $2,000,000

Lower rates apply if the property is your principal place of residence (PPR) valued up to $550,000.

Victorian first home buyers can access significant duty savings:

• Full exemption: Properties up to $600,000 pay no land transfer duty
• Concession: Properties between $600,001 and $750,000 receive a reduced rate
• The property can be a new or established home, or vacant land to build your first home
• You must live in the property as your principal residence for at least 12 months

At least one purchaser must be an Australian citizen, New Zealand citizen, or permanent resident.

The Victorian First Home Owner Grant (FHOG) is a $10,000 payment for eligible first home buyers purchasing or building a new home:

• The property must be valued up to $750,000
• The home must be new (never occupied, sold as a residence, or used for short-term accommodation)
• You must live in the home for at least 12 continuous months starting within 12 months of settlement
• The grant is separate from the duty exemption/concession and can be claimed in addition

The FHOG is not available for established homes.

Even if you're not a first home buyer, you can access lower duty rates for properties up to $550,000 if you intend to live in the home as your principal place of residence:

• $0 - $25,000: 1.4%
• $25,001 - $130,000: $350 plus 2.4% over $25,000
• $130,001 - $440,000: $2,870 plus 5% over $130,000 (vs 6% for non-PPR)
• $440,001 - $550,000: $18,370 plus 6% over $440,000

Above $550,000, the standard (non-PPR) rates apply.

Yes, foreign purchasers acquiring residential property in Victoria generally pay an additional 8% foreign purchaser additional duty on top of the standard land transfer duty. This applies to foreign individuals, companies, and trusts. If a first home buyer is fully exempt from land transfer duty (property up to $600,000), foreign purchaser additional duty is also exempt. Some other exemptions may apply for specific visa categories.

In Victoria, land transfer duty must be paid within 30 days of settlement. Your conveyancer typically arranges this as part of the settlement process. If you are transferring property without a settlement (such as a gift), duty is generally payable within 30 days of the transfer.