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Stamp Duty

Calculate YourStamp Duty

Calculate how much stamp duty you can expect to pay on your property purchase.

 

The amount of stamp duty you pay on a property purchase varies on the property location, price, if you are a first home buyer, whether you plan to live in the property and more. Stamp duty can be expensive, and needs to be paid at settlement, so it’s important to know how much you’ll be up for.

 

The good news is, if you’re a first home buyer there are a exemptions and reductions you may be eligible to receive. Read on to learn more or use our instant calculator.

Stamp Duty Calculator (Victoria)

Property Use

First Home Buyer

Result

$0.00

Stamp Duty

$0.00

Land Transfer Fee

$114.90

Mortgage Registration Fee

Disclaimer: From 1st July 2017, first home buyers will be exempt from paying stamp duty (land transfer duty) when purchasing a home with a dutable value of up to $600,000. For purchases between $600,000 and $750,000, there is a concession for first home buyers calculated on a sliding scale. Results from this calculator are to be used as an indication only and are not intended to be relied upon for the purpose of making a decision in relation to a financial product. For more information about government charges, exemptions and concessions please visit the state revenue office website www.sro.vic.gov.au or contact The Broker Team on (03) 5444 0104..

TIPS FOR BUYERS

Stamp Duty Exemption

If you are a first home buyer and purchase a principal place of residence (not an investment property) valued up to $600,000, you are exempt from paying stamp duty on the purchase.

This duty exemption is separate from the First Home Owner Grant. The FHOG grant is a payment made to you, whereas the first home buyer duty exemption is a reduction in the amount of land transfer duty you pay. 

Stamp Duty Concession

If you are a first home buyer and purchase a principal place of residence (not an investment property) valued between $600,001, and $750,000, you will receive a reduction on the amount of stamp you’ll pay for the purchase.

The amount of reduction is on a sliding scale and depends on the property value – use our stamp duty calculator to find out more.

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