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Stamp Duty Queensland
The stamp duty in QLD is calculated depending on the value of the property, and whether you are buying it to live in or as an investment.
For example, if you were buying a $400,000 property as your principal place of residence, the stamp duty would be $12,425, excluding first home buyer concessions.
The general rates for Stamp Duty in Queensland are:
|Dutiable value||Duty rate|
|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|
Note: Additional duty of 3% applies to acquisitions of residential land by foreign persons (including companies and trusts) from 1 October 2016.
Stamp duty is subject to change. Information current as at November 2016. For the most up-to-date information, please go to the Queensland Treasury website.
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