What is Stamp Duty?
Stamp duty (also called transfer duty) is a state government tax paid when purchasing property or land. Rates vary by state, property value, and buyer type. In 2025, significant concessions remain available for first home buyers and off-the-plan purchases.
Overview of stamp duty rates across Australian states in 2025.
First home buyer concessions can save thousands.
Stamp duty thresholds and rates summary (rates subject to change—check official sources).
Key Concessions in Victoria & Queensland (2025)
- First Home Buyers (VIC): Full exemption up to $600,000; concessional rates up to $750,000.
- First Home Buyers (QLD): Exemption for homes up to $550,000; concessions tapering to $600,000 (recent boosts for vacant land too).
- Off-the-Plan: Often calculated on contract price (pre-GST), saving on completed value increases.
- Family Transfers/Spouses: Full exemptions common for principal residences.
Victorian stamp duty exemptions can significantly reduce costs.
Example of concessional stamp duty calculations for first home buyers.
How to Calculate Stamp Duty
Typical stamp duty calculator interface.
First home buyers often celebrate big savings on duty.
Expert Help with Stamp Duty & Conveyancing
A professional conveyancer reviews your contract, confirms eligibility for concessions/exemptions, and handles duty payments to avoid penalties.
For fixed-fee conveyancing in Victoria and Queensland—including maximising stamp duty savings on residential, off-the-plan, and investment purchases—consider First Class Legal. They ensure you pay only what's required.
Expert contract review protects your interests and optimises costs.