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Workings
VIC · Victoria Rates current as of · Source checked

Stamp duty calculator, Melbourne

Buying in Melbourne? Stamp duty is set at the state level, so these are the Victoria rates that apply to your purchase.

The calculator

Melbourne sits in Victoria, and stamp duty is charged at the state level — so whether you're buying in Melbourne or anywhere else in Victoria, these are the rates that apply.

The contract price, or the market value if that is higher.

Who is buying
Estimated duty payable$40,0705.34% of the purchase price
Band 3 of 5 · $210,000 below the next band

How this figure was reached

Duty band $130,000 – $959,999Fixed 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 is an estimate, not financial or legal advice.

The rates

Full rate table

Victoria stamp duty rates, which apply in Melbourne
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.

Buying in Melbourne

Stamp duty for a Melbourne home

There's no separate Melbourne stamp duty rate. Victoria sets one duty scale for the whole state, so a Melbourne buyer pays the same as a buyer anywhere else in Victoria at the same price. For the full rate table, the concessions that might apply, and a worked example, see the Victoria stamp duty page.

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
Checked on . If that page now shows different figures, please treat it as correct and let us know so we can update this one.