Guide
Stamp duty by state: NSW, Victoria and Queensland rate tables
Updated
Anyone quoting you a single Australian stamp duty figure has not looked at a rate table. Here are three of them, and the arithmetic that turns them into your number.
Use your own state's calculator
Before anything else: transfer duty is imposed by each state and territory under its own Act, assessed by its own revenue office, and adjusted on its own timetable. Only your state's calculator gives an answer you can rely on. New South Wales: Revenue NSW. Victoria: State Revenue Office Victoria. Queensland: Queensland Revenue Office. For Western Australia, South Australia, Tasmania, the ACT and the Northern Territory, go to RevenueWA, RevenueSA, the State Revenue Office Tasmania, the ACT Revenue Office and the Territory Revenue Office respectively: we do not publish their rates here because we have not verified them today.
New South Wales, 2026/27
Revenue NSW states that transfer duty "is not calculated on a fixed rate, but on a sliding scale of rates based on a property's dutiable value", and that dutiable value is the higher of the price and the market value. The thresholds and rates "are adjusted each year in line with Consumer Price Index (CPI) changes", so a table you saved last year is already wrong.
| Dutiable value | Duty |
|---|---|
| $0 to $18,000 | $1.25 for every $100 (minimum $20) |
| $18,001 to $38,000 | $225 plus $1.50 for every $100 over $18,000 |
| $38,001 to $103,000 | $525 plus $1.75 for every $100 over $38,000 |
| $103,001 to $387,000 | $1,662 plus $3.50 for every $100 over $103,000 |
| $387,001 to $1,290,000 | $11,602 plus $4.50 for every $100 over $387,000 |
| Over $1,290,000 | $52,237 plus $5.50 for every $100 over $1,290,000 |
| Premium duty, over $3,870,000 | $194,137 plus $7.00 for every $100 over $3,870,000 |
- First home buyers: under the First Home Buyers Assistance Scheme you pay no transfer duty on a new or existing property valued at $800,000 or less, or vacant land at $350,000 or less, with reduced rates under $1 million and under $450,000 respectively.
- Foreign purchasers: surcharge purchaser duty is a flat 9% of the dutiable value, paid in addition to transfer duty.
Victoria
Victoria runs two residential scales. The principal place of residence concessional rates only reach $550,000; above that, the State Revenue Office states, "the principal place of residence concessional rate does not apply" and the general rates take over.
| Dutiable value | Duty |
|---|---|
| $0 to $25,000 | 1.4% of the dutiable value |
| Over $25,000 to $130,000 | $350 plus 2.4% of the excess over $25,000 |
| Over $130,000 to $960,000 | $2,870 plus 6% of the excess over $130,000 |
| Over $960,000 to $2,000,000 | 5.5% of the dutiable value |
| More than $2,000,000 | $110,000 plus 6.5% of the excess over $2,000,000 |
Watch the $960,000 line. Above it the rate is not marginal at all: it is 5.5% of the whole dutiable value, which is why a $1,000,000 Victorian purchase costs $55,000 in duty. Below $550,000 the principal place of residence scale can save real money: at $500,000 it gives $21,970 against $25,070 on the general scale.
Queensland
Queensland charges per $100 or part of $100, which is a genuinely different mechanism from a straight percentage.
| Dutiable value | Duty |
|---|---|
| Not more than $5,000 | Nil |
| More than $5,000 up to $75,000 | $1.50 for each $100, or part of $100, over $5,000 |
| $75,000 to $540,000 | $1,050 plus $3.50 for each $100, or part of $100, over $75,000 |
| $540,000 to $1,000,000 | $17,325 plus $4.50 for each $100, or part of $100, over $540,000 |
| More than $1,000,000 | $38,025 plus $5.75 for each $100, or part of $100, over $1,000,000 |
QRO publishes its own worked example, and it is the cleanest check on any calculator including ours: an $850,000 investment property, with no home concession, sits in the $540,000 to $1,000,000 band, so duty is "$17,325 (for the first $540,000) + $13,950 ($4.50 for every $100 in $310,000, the balance above $540,000) = $31,275". Queensland also applies "additional duty of 8%" on acquisitions of residential land by foreign persons.
The comparison, side by side
| Price | NSW | VIC | QLD |
|---|---|---|---|
| $500,000 | $16,687 | $25,070 | $15,925 |
| $750,000 | $27,937 | $40,070 | $26,775 |
| $850,000 | $32,437 | $46,070 | $31,275 |
| $1,000,000 | $39,187 | $55,000 | $38,025 |
| $1,500,000 | $63,787 | $82,500 | $66,775 |
Rates were read from each revenue office on the updated date above and can change with a state budget at any time. Concessions, exemptions and surcharges depend on facts we do not know about you, so treat these as illustrations and run your own numbers through your state's calculator before you bid.