Stamp Duty in Australia, State by State
Stamp duty is the largest upfront cost on most property purchases. Each state and territory sets its own brackets, concessions, and surcharges, with the result that the same $700,000 investment property carries roughly $24,500 in Queensland against $37,000 in Victoria, with the other states landing in between. The difference is real money and one of the reasons interstate investors choose markets carefully.
This calculator runs current 2025-26 brackets across all eight Australian jurisdictions, including First Home Owner concessions, foreign purchaser surcharges, and bracket-by-bracket breakdowns.
How Stamp Duty Is Calculated
Stamp duty uses progressive brackets, similar to income tax. Each band of the purchase price attracts a different rate, with higher bands paying higher rates. NSW progresses from around 1.25 percent on the first bracket up to 4.5 percent above $1.089M. Queensland, Victoria, WA, SA, Tasmania, ACT, and NT each apply their own brackets and concessions. The calculator runs the bracket math for each state automatically using current 2025-26 rates, so you see the exact figure rather than relying on rule-of-thumb estimates.
First Home Owner Concessions
Most states offer significant stamp duty concessions for first home buyers, with full or partial exemptions up to a certain price ceiling. NSW exempts up to $800,000, partial concession to $1M. Victoria exempts up to $600,000, partial to $750,000. Queensland up to $700,000. These apply only to owner-occupier purchases by Australian citizens or permanent residents. Investment property buyers don't qualify, even on their first investment.
Foreign Purchaser Surcharge
Most states add a foreign purchaser surcharge of 7 to 8 percent on top of standard stamp duty for non-residents and certain trust structures. On a $700,000 NSW investment property, that's an extra $56,000. Australian citizens and permanent residents are exempt. Trusts and companies need careful structuring to avoid being caught.
Why Stamp Duty Drives Market Selection
An investor buying a $700,000 property in Victoria pays roughly $12,500 more in stamp duty than buying the same property in Queensland. Across a five-property portfolio, those state-by-state differences can add up to tens of thousands of capital that could have funded another deposit. This is one reason most experienced portfolio builders look at the total ongoing cost (stamp duty plus land tax plus state-specific tenancy laws) when deciding where to buy. State arbitrage is a real edge for investors who think nationwide rather than locally.
Pair the stamp duty calculator with the total upfront cost calculator for the full settlement bill. For ongoing tax see the land tax calculator. Full toolset on the calculator hub.