This is a concept website. Dotto is not a real estate agent. We don’t buy, sell, rent or manage property. · Enquire about this domain

Victorian stamp duty for home buyers, a guide by Dotto

Victoria · land transfer duty

What Victoria charges when you buy a home

Land transfer duty, usually called stamp duty, is paid when property is bought in Victoria. This guide reads the State Revenue Office’s own pages in the order a buyer meets them: the rates, then each concession, then the 12 months some of them ask for.

A receipt spike with five slips pushed down it, one for each guide, the first at the bottom. 1 The rates 2 First home 3 Your home 4 Off the plan 5 Living there
Drawn for this guide: five slips on a spike, one for each guide, the first pushed on at the bottom.

Victorian stamp duty for home buyers is a guide to the duty Victoria charges on buying a home and the concessions that lower it, written and published by Dotto. Every figure is from the State Revenue Office and is stated as at the date of the page it comes from.

General informationGeneral information about the State Revenue Office’s published rules, not tax, legal or financial advice. The State Revenue Office assesses the duty on each purchase; a conveyancer or solicitor can say how the rules apply to a particular one. The office’s land transfer duty pages are the place to check.

Five slips on the spike

Read from the bottom of the spike up, the five guides follow a purchase in order. The first sets out the sum every purchase starts from; the next three are the concessions a home buyer may meet; the last is the stay in the home that three of them ask for.

  1. How Victorian stamp duty is worked outThe dutiable value, the general rates as at 29 September 2026, two illustrative sums, and where commercial property parts company.
  2. The first home buyer exemption and concessionThe two value bands, set beside every condition they rest on: who counts as a first home buyer, and living in the home.
  3. The principal place of residence concessionA concession open to any buyer of a home up to $550,000 who moves in and stays, as at 24 June 2026.
  4. Buying off the plan: two duty concessionsHow construction costs come off the dutiable value, and who the temporary strata concession covers until 21 April 2027.
  5. Living in the home: the 12 months behind three concessionsWho must live there, when the time starts, vacant land, defence force members, and telling the State Revenue Office.

The figures, and the dates they were read

Duty figures change, so each one here carries the date of the page it was read from. The first home buyer bands are left off this list on purpose: they hold only with their conditions, and the first home buyer guide sets them side by side.

As at each page’s date
General rates, contracts from
1 July 2021
Rates page updated
29 Sep 2026
Home concession, value up to
$550,000
Home concession page updated
24 Jun 2026
Temporary strata concession, contracts before
21 Apr 2027
Strata concession page updated
18 Jun 2026

Sources listed at the foot of the page.

Buying from overseas

A foreign purchaser acquiring residential property in Victoria may also pay foreign purchaser additional duty. As at the State Revenue Office’s page of 29 September 2026 the rate is 8%, for transactions under an agreement or arrangement made on or after 1 July 2019, and it is worked out on the dutiable value of the buyer’s share before any concession. This guide goes no further into it; the office’s page Understanding foreign purchaser additional duty is the place to read it in full.

Commercial and industrial land

Commercial and industrial properties are moving, property by property, to an annual commercial and industrial property tax that the State Revenue Office says is progressively replacing land transfer and landholder duty. The reform began on 1 July 2024 and properties do not enter it automatically. The guide to how the duty is worked out covers it briefly.

Who fills in the form

Anyone who acquires land in Victoria submits a Digital Duties Form, even when the transaction is exempt from duty. Concessions are claimed on it, and the State Revenue Office says a conveyancer or solicitor will complete it for a buyer claiming the home concession.