VIC Stamp Duty Calculator
Calculate land transfer duty in Victoria for owner-occupiers, investors, first home buyers, and foreign purchasers. Includes PPR rates and OTP concessions.
VIC Quick Facts
Official Term
Land transfer duty
Payment Timing
At settlement (before title transfer)
FHB Threshold
$600,000 full exemption
Foreign Surcharge
8%
Key Rule
PPR rates for OO under $550K
Current VIC Land transfer duty Rates
Victoria has two rate schedules. General rates use 5 brackets from $1.40 per $100 up to $6.50 per $100, with a flat 5.5% on the entire value for properties between $960,000 and $2,000,000. Owner-occupiers using the property as their principal place of residence (PPR) get lower rates on properties up to $550,000.
Standard / Investor Rates
| Value Range | Base Duty | Rate |
|---|---|---|
| $0 – $25,000 | $0 | $1.40 per $100 |
| $25,001 – $130,000 | $350 | $2.40 per $100 |
| $130,001 – $960,000 | $2,870 | $6.00 per $100 |
| $960,001 – $2,000,000 | $0 | 5.50% of entire value |
| $2,000,001+ | $110,000 | $6.50 per $100 |
Owner-Occupier Rates(PPR, properties ≤$550K only)
| Value Range | Base Duty | Rate |
|---|---|---|
| $0 – $25,000 | $0 | $1.40 per $100 |
| $25,001 – $130,000 | $350 | $2.40 per $100 |
| $130,001 – $440,000 | $2,870 | $5.00 per $100 |
| $440,001 – $550,000 | $18,370 | $6.00 per $100 |
Source: https://www.sro.vic.gov.au/land-transfer-duty. Effective from 2021-07-01.
First Home Buyer Rules in Victoria
Victorian first home buyers receive a full duty exemption on properties up to $600,000. Between $600,000 and $750,000, a sliding scale concession applies based on general rates (not PPR rates). A $10,000 FHOG is available for new homes valued up to $750,000.
Homes — Full Exemption
$600,000
Concession ceiling: $750,000
Vacant Land — Full Exemption
$600,000
Concession ceiling: $750,000
First Home Owner Grant
$10,000
New homes only
Foreign Buyer Surcharge in Victoria
Foreign buyers in Victoria pay an 8% surcharge on the dutiable value of residential property. The surcharge applies to the share of property acquired and a spouse exemption is available for Australian citizen/PR spouses.
Surcharge Rate
8%
Applies To
residential
Calculated On
Full dutiable value
Special Rules for Victoria
PPR rates only apply to properties valued at $550,000 or less. Above this threshold, general rates apply to the entire calculation.
The $960K-$2M bracket is flat 5.5% on the entire value, not a marginal rate.
Expanded off-the-plan concessions available until October 2026: 45% (single lot), 60% (low-rise), 75% (high-rise) value reduction.
FHB sliding concession uses general rates even for PPR-eligible buyers.
Stamp Duty at Popular Prices in VIC
See how much duty you would pay at common Victoria property prices.
VIC Stamp Duty FAQ
How much is stamp duty in Victoria?
Victorian stamp duty uses general rates from $1.40 to $6.50 per $100. Owner-occupiers get lower PPR rates on properties up to $550,000. For a $750,000 property, an investor would pay around $40,070 while an owner-occupier pays the same (PPR rates only apply under $550K).
What are VIC PPR rates?
Principal Place of Residence (PPR) rates are lower duty rates available to owner-occupiers in Victoria. They only apply to properties valued at $550,000 or less. Above $550,000, the general (higher) rates apply to the entire calculation.
Do first home buyers pay stamp duty in VIC?
First home buyers in Victoria can receive a full exemption on properties up to $600,000. Between $600,000 and $750,000, a sliding concession reduces the duty. Above $750,000, no FHB concession applies.
What is the VIC off-the-plan concession?
Victoria offers expanded off-the-plan concessions until October 2026. Pre-construction value reductions of 45% (single lot), 60% (low-rise), and 75% (high-rise) can significantly reduce the dutiable value.
What is the foreign buyer surcharge in VIC?
Foreign purchasers in Victoria pay an 8% surcharge on residential property. A spouse exemption is available where one buyer is an Australian citizen or permanent resident.