- Home Loan Calculators
- How Much Can I Borrow For My Home Loan?
- Refinance Your Home Loan
- Fixed Rate Home Loans
- Interest Only Home Loans
- Variable Rate Home Loans
- Fixed vs Variable Interest
- Debt Consolidation
- Lenders Mortgage Insurance
- Home Equity Loans
- Interest Rates Information
- Mortgage Brokers
- First Home Buyer Grant
- Stamp Duty
- Investing In Property
- What To Consider Before Buying
- Finance Tips For Renovators
- Pre-Renovation Checklist
- Renovating vs Buying a New Home
- Home Loans Comparison Guide
- Home Loan Application Checklist
- 10 Mortgage Repayment Tips
- About Home Loans
- Home Loan Lenders
- Best Home Loan Rates
- No Deposit Home Loans
- NAB Home Loans
- Westpac Home Loans
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.
iSelect powered by AFG does not compare all home loan lenders or products in the market. Some products may only be available from iSelect powered by AFG’s call centre. The availability of products may change from time to time. Not all products available from iSelect powered by AFG’s providers are compared due to commercial arrangements, your stated needs and circumstances. Not all products compared by iSelect powered by AFG will be available to all customers. Click here to iSelect powered by AFG’s range of lenders. Home loans products arranged by iSelect Mortgages Pty Ltd (ACN 148 217 181) powered by AFG, is an authorised credit representative of Australian Finance Group Limited (Australian Credit Licence Number 389087). Any advice provided in this email/article is of a general nature and does not take into account your objectives, financial situation or needs. You need to consider the appropriateness of any information or general advice iSelect gives you, having regard to your personal situation, before acting on iSelect powered by AFG’s advice or purchasing any product. iSelect receives commission for each product sold.