AgentFinance
Get Pre-Qualified Free →
Updated March 2026

Stamp Duty · Victoria · VIC · 2026

Victoria Stamp Duty Calculator
VIC 2026

Calculate your exact VIC transfer duty (land-transfer-duty) for any property value. Includes first home buyer concessions, investor rates, and upfront cost breakdown. Rates current as of March 2026.

VIC Transfer Duty Calculator — 2026
State
Victoria (VIC)
Buyer Type
Owner Occupier
Investor
First Home Buyer?
Yes — first home
No
Transfer Duty — Victoria
$0
—
Total upfront cost
(duty + deposit)
—
Effective duty rate
on property value
—
FHB saving
vs standard buyer
VIC stamp duty — quick reference
$500,000
$25,070
FHB: $0 — Exempt
Property value / Standard duty / FHB
$600,000
$31,070
FHB: $0 — Exempt
Property value / Standard duty / FHB
$600,000
$31,070
FHB: $0 — Exempt
Property value / Standard duty / FHB
$750,000
$40,070
FHB: $40,070
Property value / Standard duty / FHB
$1,000,000
$57,200
FHB: $57,200
Property value / Standard duty / FHB

Victoria transfer duty rates 2026

Transfer duty in Victoria is calculated on a progressive rate structure — the higher the property value, the higher the marginal rate. The duty is applied on the purchase price or the market value of the property, whichever is higher.

Victoria transfer duty rate bands — effective March 2026. Source: State Revenue Office Victoria.
Property value bandDuty rateType
$0 – $25,0001.4%Flat rate
$25,001 – $130,0002.4% + $350Marginal
$130,001 – $960,0006.0% + $2,870Marginal
$960,001+5.5% + $55,000Marginal
Rates verified March 2026. Always confirm current rates at State Revenue Office Victoria before settlement, as thresholds are subject to change in state budgets.

First home buyer stamp duty concession — VIC

Full exemption on properties up to $600,000. Sliding scale concession for properties valued between $600,001 and $750,000. Must be your principal place of residence.

To be eligible for the VIC first home buyer stamp duty concession, you must:

  • Be an Australian citizen or permanent resident
  • Never have previously owned residential property in Australia or overseas
  • Intend to occupy the property as your principal place of residence
  • Move into the property within 12 months of settlement
  • Live in the property for a continuous period of at least 12 months

In Victoria, both buyers must qualify as first home buyers if purchasing jointly. If one partner has previously owned property, the concession is generally not available.

First Home Guarantee (FHBG): Eligible first home buyers can also access the federal First Home Guarantee Scheme — purchasing with as little as a 5% deposit with no Lenders Mortgage Insurance (LMI). This is separate from the stamp duty concession and can be used together. Chat with Finley to check your combined eligibility.

How is stamp duty calculated in VIC?

Transfer duty in Victoria is calculated on the higher of the purchase price or the market value of the property. You can't reduce your duty liability by agreeing on a below-market purchase price — the state revenue office can independently assess market value.

The calculation follows a progressive bracket system — similar to income tax. You pay the applicable rate only on the portion of value within each band. This means a property valued at $600,000 does not attract the higher rate on the entire value — only on the portion that exceeds the lower bands.

Other costs to budget for at settlement

  • Conveyancing / solicitor fees — typically $1,500–$3,500 in VIC
  • Building and pest inspection — $400–$800
  • Lenders Mortgage Insurance (LMI) — if your deposit is under 20%, LMI can cost $8,000–$30,000+
  • Loan establishment fees — $0–$800 depending on lender
  • Title search and registration fees — $200–$600
  • Building insurance — from settlement day, you're responsible for insuring the property
Remember: stamp duty cannot be added to your home loan. It must be paid from savings at settlement. Budget for stamp duty and other upfront costs on top of your deposit — not as part of it.

Frequently asked questions — VIC stamp duty

On a $550,000 property, a standard buyer pays approximately $28,070 in Victoria. A first home buyer pays $0 — fully exempt.
A standard buyer pays approximately $37,070 on a $700,000 property in Victoria. A first home buyer receives a partial concession — calculated as a proportion of the value above $600,000 within the $600,001–$750,000 sliding scale band.
Yes. If you're buying with a partner, both of you must qualify as first home buyers. If either party has previously owned residential property in Australia or overseas, the full exemption is generally not available, though partial concessions may apply.
In VIC, land transfer duty must be paid within 30 days of settlement. Your conveyancer will handle payment via the electronic lodgement system (PEXA). You need to have the funds available at settlement.

Stamp duty calculators — other states

All States NSW VIC QLD WA

Know your stamp duty.
Now check your borrowing power.

Stamp duty is just one cost. Talk to Finley to work out your full budget — borrowing capacity, LMI, deposit — in 60 seconds.

Talk to Finley — free →