Stamp Duty Calculator — VIC
Calculate land transfer duty (stamp duty) on property purchases in Victoria.
VIC FHB concessions apply to homes up to $600,000 (full) or $750,000 (partial)
Foreign buyers pay an additional 8% surcharge
How It Works
The calculator applies Victoria's State Revenue Office land transfer duty rates to the property value using their sliding-scale brackets. First home buyer concessions reduce or eliminate duty for eligible properties. Foreign buyer surcharge of 8% is added if applicable. The result shows total duty payable and effective duty rate.
Frequently Asked Questions
What are the VIC stamp duty rates?
Victoria charges duty on a sliding scale: 1.4% up to $25,000, 2.4% on $25,001-$130,000, 5% on $130,001-$960,000, and 5.5% over $960,000. Properties over $2 million attract a premium rate of 6.5%.
Do first home buyers get a stamp duty exemption in VIC?
Yes. Victorian first home buyers get a full stamp duty exemption on homes valued up to $600,000 and a sliding-scale concession for homes $600,001-$750,000. For vacant land, the exemption applies up to $400,000 with concessions to $500,000.
What is the Victorian First Home Owner Grant?
VIC offers a $10,000 First Home Owner Grant for new homes valued up to $750,000 in metro areas or $750,000 in regional areas. This is a cash grant separate from stamp duty concessions and can be used alongside them.
What is the foreign buyer surcharge in VIC?
Foreign purchasers in Victoria pay an additional surcharge duty of 8% of the dutiable value of the property, on top of the standard transfer duty rates.
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