Search
Close this search box.

Victoria Stamp Duty Calculator

When buying a home, stamp duty is one of the hidden costs of your purchase. This handy tool will help you calculate the cost of stamp duty in Victoria.

When buying a home, stamp duty is one of the hidden costs of your purchase. This handy tool will help you calculate the cost of stamp duty in Victoria.

Obtaining property in Victoria

In Victoria, stamp duty is a tax the state government charges when you buy a property. The amount you pay varies depending on the dutiable value of your property and whether you’re eligible for any further discounts or concessions. 

To ease the pressure on particular categories of buyers, the Victorian government has introduced a number of exemptions and concessions. These concessions include: 

  • First home buyer exemption
  • Principal place of residence (PPR) exemption 
  • Off-the-plan concession
  • Pensioner concession

Find out more about stamp duty exemptions in Victoria in our blog.

Frequently Asked Questions

How is my stamp duty calculated in Victoria?

Your stamp duty is calculated based on various factors. This includes whether or not you’re a first home buyer, the location of your property, how much your property is valued at, etc. You can also calculate how much stamp duty you can expect to pay on vacant blocks of land where you’re planning to build.

Do I have to pay stamp duty as a first home buyer in Victoria?

This depends on which state you live in, and how much the property is that you’re purchasing. Different states have different regulations surrounding first home buyers and stamp duty. For example, in Victoria, the government abolishes stamp duty for both new and existing properties under $600,000. For properties over this amount, stamp duty is calculated on a sliding scale.

What other costs can I expect to pay when buying a house?

Stamp duty is one of many hidden costs associated with buying a house. Most home buyers – especially first home buyers – only consider the loan repayments and deposit when saving for a home. In reality, there are quite a few other costs involved. These costs include stamp duty, conveyancing fees, Lender’s Mortgage Insurance (LMI), building and pest inspections and more.

To learn more, speak to an expert from Inovayt read our blog on the hidden costs of buying a property

Work with an Inovayt broker

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

mortgage broker eltham

Simon Kay

Senior Finance Broker & Broker Mentor

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

Our team of expert brokers are with you through every step of the way on your home buying journey. Not only do we help you find the right loan, we also stay with you right up until after settlement, helping you navigate stamp duty and other home buying fees. 

At Inovayt, our mission is to provide lifetime financial solutions by thoroughly understanding your individual needs and goals. As such, we believe every client deserves our award-winning customer service. Our friendly team prioritises client satisfaction above all else, going above and beyond to help you achieve your financial goals. Regardless of what stage of the finance journey you’re on, our team provide quality advice to help you make informed and empowered financial decisions.

Our customer service extends far beyond your initial meeting, as we believe in nurturing you beyond the first transaction. Our brokers work hand in hand with you to ensure you receive the best possible outcome and are available to chat face to face, online, or via the phone at a time that suits you.

Our focus is always on achieving the best possible outcomes for our clients. Finding the right finance to match your goals and objectives is no easy task, so our friendly team work tirelessly to tailor a solution for you. We are solutions-driven, so we work hard to tackle any hurdles that may arise to ensure client satisfaction.

Why Choose Inovayt

Simple

Finding the right financing to match your needs and goals is never an easy task. Our team prides themselves on finding the right solution for each client, regardless of their personal situation.

Flexible

Our brokers work hand in hand with our clients, to ensure they receive the best possible outcome. We are available to chat face to face, online, or via phone, at a time that suits you.

Solutions-driven

Our focus is always about achieve the best possible outcomes for our clients. We will tackle any hurdles that may come up, to ensure that you are satisfied and have achieved your desired outcome.

Simple

Finding the right financing to match your needs and goals is never an easy task. Our team prides themselves on finding the right solution for each client, regardless of their personal situation.

Flexible

Our brokers work hand in hand with our clients, to ensure they receive the best possible outcome. We are available to chat face to face, online, or via phone, at a time that suits you.

Solutions-driven

Our focus is always about achieve the best possible outcomes for our clients. We will tackle any hurdles that may come up, to ensure that you are satisfied and have achieved your desired outcome.

Our experienced and friendly team can provide you with lifetime financial solutions by understanding your individual needs and goals.

Get in touch
1300 354 355

Send us an email info@inovayt.com.au

Start your journey, contact Inovayt today

Get in touch
1300 354 355


Send us an email
info@inovayt.com.au

Start your journey, contact Inovayt today

Start your journey, contact Inovayt today