{"id":290387,"date":"2025-03-07T16:16:52","date_gmt":"2025-03-07T04:16:52","guid":{"rendered":"https:\/\/www.reckon.com\/au\/?post_type=sbh&p=290387"},"modified":"2026-09-08T15:50:32","modified_gmt":"2026-09-08T03:50:32","slug":"stamp-duty-vic","status":"publish","type":"sbh","link":"https:\/\/www.reckon.com\/au\/small-business-resources\/tax\/stamp-duty-vic\/","title":{"rendered":"Calculating Stamp Duty In Victoria (VIC) For Cars & Property"},"content":{"rendered":"

[et_pb_section fb_built=”1″ custom_padding_last_edited=”on|phone” _builder_version=”4.23″ custom_padding_tablet=”” custom_padding_phone=”0px||||false|false” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.23″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”100%” custom_padding=”||0px||false|false” global_colors_info=”{}”][et_pb_column type=”1_3″ module_class=”table-contents” _builder_version=”4.23″ background_color=”#f3f2f6″ custom_padding=”25px||25px||true|false” sticky_position=”top” sticky_limit_bottom=”section” sticky_position_tablet=”top” sticky_position_phone=”none” sticky_position_last_edited=”on|desktop” border_radii=”on|24px|24px|24px|24px” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.23″ text_font=”||||||||” global_colors_info=”{}” background__hover_enabled=”on|desktop”][\/et_pb_text][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Body” _builder_version=”4.27.8″ header_2_font_size=”32px” hover_enabled=”0″ header_2_font_size_tablet=”30px” header_2_font_size_phone=”26px” header_2_font_size_last_edited=”on|tablet” global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n

Stamp duty in Victoria is a state government tax that applies to certain property and vehicle transactions. Also known as land transfer duty, property stamp duty in Victoria is calculated on a sliding scale based on the dutiable value of the property. Whereas for vehicles and cars, stamp duty is calculated on the type and value of the vehicle.<\/p>\n

Be aware that stamp duty costs can add tens of thousands of dollars on top of your deposit and property price. With an understanding of how stamp duty works in Victoria, you can properly budget for it at an individual level.<\/p>\n

Important note: The following article focuses on stamp duty rules at an individual level for purchasing property\/vehicles in Victoria. Different rules may apply for companies, trusts, SMSFs, and other entities. If you’re buying through a business structure, consider speaking with a professional who can advise on your circumstances.<\/em><\/p>\n

What is stamp duty in Victoria?<\/h2>\n

Stamp duty is a tax the Victorian Government charges when certain assets are transferred from one party to another. This commonly applies to property purchases and vehicle transfers.<\/p>\n

For property purchases, stamp duty is known as land transfer duty and is generally based on the property’s dutiable value. For vehicles, duty is calculated according to the vehicle type, market value and registration transfer requirements.<\/p>\n

The State Revenue Office and VicRoads administer these charges, which help fund government services and infrastructure throughout Victoria.<\/p>\n

What are the stamp duty rates in Victoria?<\/h2>\n

Stamp duty rates in Victoria range from 1.4% to 6.5% based on the dutiable value of the property. The dutiable value is simply the purchase price. The general land transfer duty rates are:<\/p>\n\n\n\n\n\n\n\n\n
Dutiable value<\/th>\nStamp duty rate<\/th>\n<\/tr>\n
$0 \u2013 $25,000<\/td>\n1.4% of the dutiable value<\/td>\n<\/tr>\n
$25,001 \u2013 $130,000<\/td>\n$350 + 2.4% over $25,000<\/td>\n<\/tr>\n
$130,001 \u2013 $960,000<\/td>\n$2,870 + 6% over $130,000<\/td>\n<\/tr>\n
$960,001 \u2013 $2,000,000<\/td>\n5.5% of the dutiable value<\/td>\n<\/tr>\n
More than $2,000,000<\/td>\n$110,000 + 6.5% over $2,000,000<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Source: https:\/\/www.sro.vic.gov.au\/about-us\/rates-and-statistics\/current-rates\/land-transfer-duty-non-principal-place-residence-current-rates<\/a><\/p>\n

Foreign buyers have to pay an additional 8% foreign purchaser duty on top of standard stamp duty rates. For properties over $960,000, rates can hit 5.5% or more.<\/p>\n

How do you calculate property stamp duty in Victoria?<\/h2>\n

It\u2019s calculated as a percentage of the price of the property. As an example, let\u2019s calculate the stamp duty you\u2019d need to pay on a $750,000 property with no concessions:<\/p>\n

Subtract $130,000 from $750,000 = $620,000. Multiply $620,000 by 6% = $37,200. Add the base amount of $2,870. Total stamp duty payable = $40,070.<\/strong><\/em><\/p>\n

It\u2019s easier to use the official State Revenue Office calculator<\/a>. A stamp duty calculator helps you estimate the amount, but does not include every concession you may be eligible for.<\/p>\n

How much is stamp duty on cars in Victoria?<\/h3>\n

Car stamp duty in Victoria is charged when a vehicle is transferred or registered to a new owner. The amount payable depends on:<\/p>\n