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Stamp Duty Victoria
The stamp duty in VIC is calculated depending on the value of the property, and whether you are buying it to live in or as an investment.
If you were buying a $400,000 property as your principal place of residence, the stamp duty would be $16,370, excluding first home buyer concessions.
The general Rates of Stamp Duty in Victoria are:
|Dutiable value range||Rate|
|$0 to $25,000||1.4 per cent of the dutiable value of the property|
|$25,001 to $130,000||$350 plus 2.4 per cent of the dutiable value in excess of $25,000|
|$130,001 to $960,000||$2,870 plus 6 per cent of the dutiable value in excess of $130,000|
|More than $960,000||5.5 per cent of the dutiable value|
Stamp duty is subject to change. Information current as at November 2016. For the most up-to-date information please go to the State Revenue Office of Victoria website.
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