Stamp Duty Calculator — Victoria (VIC)
Calculate land transfer duty (stamp duty) in Victoria for 2026. Includes first home buyer exemptions, pensioner concessions, and off-the-plan discounts.
💰 VIC first home buyers: Pay $0 stamp duty on properties up to $600,000. Reduced duty on properties $600k-$750k. Must be your principal place of residence.
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Victoria stamp duty rates 2026
Victoria calls it "land transfer duty." Rates are:
- Up to $25,000: 1.4% of property value
- $25,001-$130,000: $350 + 2.4% of excess
- $130,001-$960,000: $2,870 + 6% of excess
- Over $960,000: $52,670 + 6.5% of excess
First home buyer exemptions (VIC)
- Properties up to $600,000: $0 stamp duty (full exemption)
- $600,001-$750,000: Reduced duty (tapered)
- Over $750,000: Full stamp duty applies
Eligibility: Must be your principal place of residence for at least 12 months. Both buyers must be first home buyers.
Other VIC concessions
- Pensioners: Up to 50% off stamp duty (principal place of residence, property under $750k)
- Off-the-plan: 50% discount for off-the-plan apartments/townhouses
How much is stamp duty in Victoria?
Standard rates (established properties):
- $500k: ~$24,000
- $700k: ~$36,000
- $900k: ~$48,000
- $1.2M: ~$68,000
First home buyer (up to $600k): $0
When do you pay stamp duty in VIC?
Due within 30 days of settlement. Paid to the State Revenue Office (SRO).
Melbourne median house prices (2026)
- Overall median: ~$880,000
- Inner suburbs: $1.2M-$2M+
- Middle suburbs: $800k-$1.2M
- Outer suburbs: $600k-$900k
- Regional Victoria: $450k-$700k