How duty is determined
The calculation can depend on the dutiable value, transaction type and purchaser eligibility. First-home-buyer concessions or exemptions may change the amount payable.
Information to confirm
Check residency and occupancy requirements, property value thresholds, whether every purchaser qualifies and the relevant contract date.
Estimate before making an offer
Include a current duty estimate in your cash-to-complete calculation. Leave room for registration, legal and lender costs as well.
Confirm the final treatment
Your conveyancer or solicitor can help apply the correct transaction details, while the State Revenue Office publishes the authoritative Victorian rules.
Common questions
Questions first home buyers ask
Is stamp duty the same as the deposit?
No. Transfer duty is a government charge and is separate from the purchase deposit paid under the contract.
Can stamp duty change my maximum purchase price?
Yes. Duty and other purchasing costs reduce the cash available for the deposit, so they should be included when setting a price range.
Can I rely on an online stamp duty calculator?
A calculator is useful for planning, but final liability depends on the transaction and current law. Confirm it with an appropriate professional or the State Revenue Office.