Stamp duty calculator, Victoria
See what you'll pay in transfer duty on a Victoria home — the current State Revenue Office Victoria rates, worked through in full.
The calculator
Whether you're buying in Melbourne or anywhere else in Victoria, the same rates apply — stamp duty in VIC is set for the whole state.
The contract price, or the market value if that is higher.
This is an estimate, not financial or legal advice.
The rates
Full rate table
| Dutiable value | Fixed amount | Rate on the excess |
|---|---|---|
| $0 – $24,999 | Nil | 1.40% |
| $25,000 – $129,999 | $350 | 2.40% |
| $130,000 – $959,999 | $2,870 | 6% |
| $960,000 – $1,999,999 | Nil | 5.50% |
| over $2,000,000 | $110,000 | 6.50% |
Bands are read from the bottom of each range: you pay the fixed amount for the band your value falls in, plus the marginal rate on the part above that band’s floor. The band that applies to your entry is marked as you type.
Worked through
Worked example
A $750,000 purchase at the general rate
| Duty band $130,000 – $959,999 Fixed amount for this band | $2,870.00 |
| 6% on the amount over $130,000 $620,000 over the band floor | $37,200.00 |
| Duty before concessions | $40,070.00 |
| Duty payable | $40,070.00 |
This worked example is calculated from the official rate table at sro.vic.gov.au.
How it's worked out
How this is calculated
Victoria charges transfer duty on a progressive scale. The dutiable value — the price you pay, or the market value if that is higher — falls into a band. You pay that band’s fixed amount, plus a marginal rate on the part of the value above the band’s floor.
These are Victoria's general rates, which apply to investment property and to any purchase that is not your principal place of residence. Buying a home to live in valued between $130,000 and $550,000 attracts a separate principal place of residence scale, which this page does not yet apply. The $960,000 to $2,000,000 band is charged at 5.5% of the entire dutiable value rather than as a marginal rate, so duty steps up at $960,000. A premium rate applies above $2 million. Victoria does not index these thresholds annually; they have applied to contracts entered into since 1 July 2021.
Read before you rely on this
What this does not account for
- Eligibility for a concession depends on conditions this calculator cannot check, including residency, whether you have held property before, and how long you intend to live in the home.
- Mortgage registration and land transfer registration fees are charged separately and are not included.
- Duty on off-the-plan and vacant land purchases can be assessed on a different value to the contract price.
- Foreign purchaser surcharges depend on your visa status on the date of the contract, not on the settlement date.
- Rates are those in effect from 2021-07-01. A contract dated before that day is assessed under the previous rates.
Questions
Common questions
- How much is stamp duty in Victoria?
- Stamp duty in Victoria depends on the property price and is charged on a sliding scale set by the State Revenue Office. Enter your purchase price in the calculator above to see the exact amount and how it is worked out, band by band.
- When do I have to pay stamp duty?
- In Victoria, transfer duty is generally payable within three months of settlement, though the exact timing depends on your contract and how the transfer is lodged. Your conveyancer or solicitor usually arranges payment as part of settlement. Check the State Revenue Office for the current deadline that applies to you.
- Do first home buyers pay stamp duty?
- Eligible first home buyers in Victoria pay no duty below a threshold and a reduced amount on a sliding scale above it, provided you move in. A separate concession applies to off-the-plan purchases. Confirm the current thresholds with the State Revenue Office.
- Is stamp duty added to my home loan?
- Stamp duty is usually paid upfront at settlement and is not automatically part of your loan. Some lenders let you borrow to cover it, which increases your loan and the interest you pay over time. Budget for duty as a cash cost unless your lender confirms otherwise.
- What is the difference between stamp duty and transfer duty?
- They are the same thing. "Stamp duty" is the older, common name; the State Revenue Office now calls it transfer duty. Both refer to the tax you pay when property changes hands.
Compare
The same purchase in every state
The same $750,000 purchase by an owner-occupier who is not a first home buyer, under each state’s current published rates.
| State | Duty | Effective rate |
|---|---|---|
| Australian Capital Territory | $19,208 | 2.56% |
| New South Wales | $27,937 | 3.72% |
| Tasmania | $28,935 | 3.86% |
| Western Australia | $29,741 | 3.97% |
| South Australia | $35,080 | 4.68% |
| Victoria (this page) | $40,070 | 5.34% |
Where this comes from
Source
State Revenue Office Victoria — Duties Act 2000 (Vic)
https://www.sro.vic.gov.au/about-us/rates-and-statistics/current-rates/land-transfer-duty-non-principal-place-residence-current-rates
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