By Varun Agarwal, co-founder of PropRetire · Published 13 Nov 2026 · Law as read 13 Nov 2026 · 2 min read

How much is stamp duty on an investment property?

At $750,000, stamp duty on an investment property runs from $22,200 in the Australian Capital Territory to $40,070 in Victoria.

$750,000 is an example price. The figures are each state's general rates on 13 November 2026, the ones paid with no home or first home concession.

On $750,000, it is $40,070 in Victoria, $37,125 in the Northern Territory, $35,080 in South Australia, $29,740.50 in Western Australia, $28,935 in Tasmania, $27,937 in New South Wales, $26,775 in Queensland and $22,200 in the Australian Capital Territory.

Each is worked from the scale its own office publishes: Revenue NSW, Victoria's State Revenue Office, the Queensland Revenue Office, RevenueWA, RevenueSA, Tasmania's State Revenue Office and the ACT Revenue Office. The Northern Territory's comes from its Act, as below.

In bands. The value up to a threshold carries a set amount, and each $100, or part of $100, over it carries the band's rate.

In Queensland, a value over $540,000 and up to $1 million pays "$17,325 plus $4.50 for each $100, or part of $100, by which the dutiable value is more than $540,000", under schedule 3 and section 24(2) of the Duties Act 2001. $750,000 is 2,100 hundreds over, so $17,325 plus $9,450 makes $26,775.

The other scales sit in section 28(1) of Victoria's Duties Act 2000, Schedule 2 of Western Australia's Duties Act 2008, Schedule 2 of South Australia's Stamp Duties Act 1923, section 29(1) of Tasmania's Duties Act 2001 and Table 2 of the ACT's DI2026-155.

The Northern Territory does. Over $525,000 and under $3 million, "the duty is 4.95% of the dutiable value", under Schedule 1, clause 1(2)(b), of the Stamp Duty Act 1978. So $750,000 pays $37,125. Below $525,000 it uses a formula instead.

Victoria does over $960,000 and up to $2 million, at 5.5% of the whole value, under section 28(1). The ACT does over $1,455,000, at $4.54 per $100 of the whole value, under Table 2.

Often, because the concessions are for a home. In the Queensland Revenue Office's example of an $850,000 house, "The house will be an investment property, so you don't qualify for a home concession", and the duty is $31,275.

Victoria's and Tasmania's Acts keep their general rate unless they provide otherwise. Section 28(2) and section 29(2) both read: "This rate applies unless other provision is made by this Chapter."

The ACT keeps two tables. Table 1 of DI2026-155 is for a buyer who will make it their home within a year, with the other terms in its Schedule 1, and Table 2 is for every other transfer. At $750,000, Table 2 gives $22,200 and Table 1 gives $19,208.

The duty on buying it goes into the property's cost base, under section 110-35(4) of the Income Tax Assessment Act 1997: "The third is stamp duty or other similar duty." So it counts when the property is sold, and lowers the capital gain.

Can you claim a loan's fees and stamp duty on a rental? covers the loan's fees and the duty on a mortgage, which follow a rule of their own.

The contract of sale, the settlement statement and the revenue office's duty assessment or receipt, which show what was paid and when, for the property's cost base.

The stamp duty calculator works out the duty in each state for any value, with each step shown.