This table sets out the general rates of duty that apply when you buy dutiable property. These rates apply to contracts entered into on or after 6 May 2008.
There may be different duty consequences when you buy your first home (principal place of residence).
You may be entitled to a 50% land transfer (stamp) duty waiver if you are buying Victorian residential property with a dutiable value of up to $1 million and you sign your contract on or after 25 November 2020 and before 1 July 2021.
There may also be different duty consequences when you buy a subsequent home if its dutiable value is more than $130,000 but not more than $550,000.
| Dutiable value range | Rate |
|---|---|
| $0 - $25,000 | 1.4% of the dutiable value of the property |
| > $25,000 - $130,000 | $350 plus 2.4% of the dutiable value in excess of $25,000 |
| > $130,000 - $960,000 | $2870 plus 6% of the dutiable value in excess of $130,000 |
| More than $960,000 | 5.5% of the dutiable value |
Calculate your land transfer duty
