How is first home buyer stamp duty worked out in Victoria?
A $700,000 purchase with a contract signed 4 Nov 2026 pays $24,713 of duty. On the scale it is $2,870 plus 6% of the amount over $130,000, $37,070. The first home rule takes $12,357 off.
More for this state
Investor or home buyer
The duty on a purchase in Victoria.
Foreign buyer
The duty and surcharge for a foreign buyer in Victoria.
Land tax
Land tax in Victoria on land you hold.
Capital gains tax
The tax on a sale, worked out.
Where the rules come from
By Varun Agarwal. Updated
- Duties Act 2000 (Vic) ss 28, 28A and 57J, and ss 57JA and 57JB
- SRO, land transfer duty non-PPR current rates
- SRO, land transfer duty PPR current rates
- SRO, foreign purchaser additional duty current rates
- SRO, first home buyer duty exemption or concession
The ATO's figures on what landlords earn and lose, postcode by postcode, are in Rental income, losses and capital gains by postcode, 2023-24.