For contracts entered into on or after 6 May 2008
Tax rate information according to the Duties Act 2000
| Dutiable value range | Rate |
|---|---|
|
$0 - $25,000 |
1.4 per cent of the dutiable value of the property |
|
$25,001 - $130,000 |
$350 plus 2.4 per cent of the dutiable value in excess of $25,000 |
|
$130,001 - $960,000 |
$2870 plus 6 per cent of the dutiable value in excess of $130,000 |
|
More than $960,000 |
5.5 per cent of the dutiable value |
Note: declarations of trust over non-dutiable Victorian property attract a flat duty rate of $200.
