🏠 Can I Afford to Buy in Victoria?
Find out if you can afford to buy a house in Melbourne. Pre-set for VIC stamp duty rates and first home buyer concessions.
Your finances
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House price
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Buying your first home in Victoria? Don't pay more than you need to.
Victoria's stamp duty for FHBs, land tax changes, and LMI rules all affect your borrowing. A broker cuts through the complexity. Get a free callback.
Find Your Best Rate →
Victoria's stamp duty for FHBs, land tax changes, and LMI rules all affect your borrowing. A broker cuts through the complexity. Get a free callback.
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A Lending Specialist can compare dozens of lenders and help you find the right loan for your situation. Get a free callback.
Find Your Best Rate →
A Lending Specialist can compare dozens of lenders and help you find the right loan for your situation. Get a free callback.
Buying in Victoria: what you need to know
The Melbourne median house price is approximately $920,000 (April 2026). On a $700,000 property, VIC stamp duty is approximately $37,070 for non-first-home-buyers.
First home buyer concessions in VIC
FHB stamp duty threshold: $600,000 (established) or $750,000 (new). For off-the-plan and new builds, duty is calculated on land value — enter your land value above to see the saving.
Full stamp duty exemption under the threshold, concession up to $750k.