VIC Stamp Duty (Victoria) — 2026–27 Guide

In Victoria, land transfer duty (stamp duty) is assessed by the State Revenue Office (SRO) on the dutiable value — usually the contract price. Victoria has three regimes for homes: a principal place of residence (PPR) concession up to $550,000, first home buyer relief up to $750,000, and general rates.

Quick action: Calculate VIC stamp duty and government fees

VIC stamp duty at common prices (2026–27)

Price	Home you’ll live in	Investor	First home buyer (established)
$400,000	$16,370	$19,070	$0
$500,000	$21,970	$25,070	$0
$600,000	$31,070	$31,070	$0
$750,000	$40,070	$40,070	$40,070
$1,000,000	$55,000	$55,000	$55,000
$1,500,000	$82,500	$82,500	$82,500

Calculated with the MoneyWiseCalc stamp duty engine (rules version 1.2.0, checked against State Revenue Office Victoria on 30 September 2026). First home buyer columns assume you meet every eligibility rule. Figures exclude registration fees.

VIC rates

General rates are below. Between $960,000 and $2 million, 5.5% applies to the whole price, not just the part above $960,000.

Dutiable value	Duty
Up to $25,000	1.4%
$25,000 – $130,000	$350 + 2.4% over $25,000
$130,000 – $960,000	$2,870 + 6% over $130,000
$960,000 – $2,000,000	5.5% of the total value
Over $2,000,000	$110,000 + 6.5% over $2,000,000

First home buyers in VIC

Eligible first home buyers pay no duty up to $600,000 and a reduced amount up to $750,000, where the concession tapers to zero (duty is scaled by how far the price is into the $600,000–$750,000 band; our figures match the SRO calculator). Separately, if the home will be your principal place of residence and costs $550,000 or less, a lower PPR rate applies to anyone — first home buyer or not — which is why the "home you’ll live in" column is lower than the investor column at $400,000 and $500,000.

Foreign buyers

Foreign purchasers pay foreign purchaser additional duty of 8% of the dutiable value on top of transfer duty (SRO Victoria, checked 1 October 2026).

Registration fees and total government costs

Land Use Victoria charges a transfer fee of $104.30 plus $2.34 per whole $1,000 of value, rounded up and capped at $3,614 — $1,509 at $600,000 — and $129.20 to register a mortgage (2026–27). At $600,000 that makes total government costs of $32,708 for a home you’ll live in (duty plus both fees). See stamp duty fees vs total government costs to compare states.

When is VIC stamp duty paid?

Duty is usually paid at settlement through your conveyancer.

Examples

$500,000 home you’ll live in (PPR)

PPR rate duty $21,970 versus $25,070 for an investor.

First home buyer, $700,000

Full duty $37,070; after the taper $24,713.

Frequently asked questions

Is there stamp duty for first home buyers in Victoria?

Not up to $600,000 if you’re eligible, and a reduced amount up to $750,000. Above $750,000 the general (or PPR) rate applies.

What is the PPR concession in Victoria?

A lower rate for homes up to $550,000 that will be your principal place of residence, available whether or not you’re a first home buyer.

How much is stamp duty on $1 million in Victoria?

$55,000 — 5.5% of the whole price applies between $960,000 and $2 million.

Sources

• SRO Victoria – Land transfer duty
• SRO Victoria – Current rates (general and PPR)
• SRO Victoria – Foreign purchaser additional duty
• Land Use Victoria – 2026-27 fees

Related guides

• Stamp duty in Australia — every state compared
• First home buyer stamp duty by state
• Can I Buy This Home? — duty, fees, LMI and cash needed in one estimate

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Important: General information only. Duty depends on eligibility, property type and the contract details. Confirm the final amount with your conveyancer and State Revenue Office Victoria.