Stamp Duty rates on Real Estate purchases in Victoria. Examples (For principal place of residence)
Duty rates for a principal place of residence (for contracts entered into on or after 6 May 2008) Dutiable value range
Rate
PROPERTY PRICE
$0 - $25,000
1.4% of the dutiable value of the property
$160,000
$4,370
$25,001 - $130,000
$350 plus 2.4% of the dutiable value in excess of $25,000
$6,370
$130,001 - $440,000
$2,870 plus 5% of the dutiable value in excess of $130,000
See example
$200,000
$440,001 - $550,000
$18,370 plus 6% of the dutiable value in excess of $440,000
See example
$550,001 - $960,000
$28,070 plus 6% of the dutiable value in excess of $550,000
See example
More than $960,000
5.5% of the dutiable value
Duty rates for an investment property (For contracts entered into on or after 6 May 2008) Dutiable value range
Rate
$0 - $25,000
1.4% of the dutiable value of the property
$25,001 - $130,000
$350 plus 2.4% of the dutiable value in excess of $25,000
$130,001 - $960,000
$2,870 plus 6% of the dutiable value in excess of $130,000
More than $960,000
5.5% of the dutiable value
STAMP DUTY
$250,000
$8,870
$300,000
$11,370
$350,000
$13,870
$400,000
$16,370
$450,000
$18,970
$500,000
$21,970
$550,000
$24,970
$600,000
$31,070
$650,000
$34,070
$700,000
$37,070
$750,000
$40,070
$800,000
$43,070
$850,000
$46,070
$900,000
$49,070
$950,000
$52,070
$1,000,000
$55,000
Source: State Revenue Office of Victoria. Disclaimer: These figures are intended for use as a guide only, all figures are approximate. Please seek experienced professional advice before purchasing property.
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