QLD Stamp Duty Calculator
Queensland transfer duty (stamp duty) on a $700,000 home you’ll live in is $17,350 with the home concession. First home buyers pay nothing on established homes under $710,000, or on brand-new homes of any value.
Updated · Rates checked against the QRO · Estimates only, not advice
Estimate QLD stamp duty
Result
This is an estimate, not a duty assessment. It uses the Queensland Revenue Office (QRO) rates as we understand them on . Whether you qualify for a concession depends on eligibility rules this calculator doesn’t check, such as residency, previous home ownership and moving-in deadlines. Off-the-plan, vacant land, pensioner and other special cases aren’t included. It is general information, not legal or financial advice. Confirm your duty with the Queensland Revenue Office (QRO), your conveyancer or your solicitor.
Quick answer
Queensland transfer duty (stamp duty) on a $700,000 home you’ll live in is $17,350 with the home concession. First home buyers pay nothing on established homes under $710,000, or on brand-new homes of any value. Stamp duty (officially called transfer duty) is a state tax paid when you buy property. In QLD it’s worked out on a sliding scale, so the rate rises with the price.
How to use the QLD stamp duty calculator
- Enter the property price, or the market value if it’s higher.
- Choose what you’re buying: an investment, a home you’ll live in, or your first home.
- Tick the foreign buyer box if it applies to you.
- Press Calculate to see your estimated duty and how it was worked out.
Queensland transfer duty rates
| Dutiable value | Duty |
|---|---|
| Up to $5,000 | Nil |
| $5,000 – $75,000 | $1.50 for every $100 over $5,000 |
| $75,000 – $540,000 | $1,050 plus $3.50 for every $100 over $75,000 |
| $540,000 – $1,000,000 | $17,325 plus $4.50 for every $100 over $540,000 |
| Over $1,000,000 | $38,025 plus $5.75 for every $100 over $1,000,000 |
Duty is charged for each $100, or part of $100, over each threshold.
Home concession rates
For a home you’ll live in.
| Dutiable value | Duty |
|---|---|
| Up to $350,000 | $1.00 for every $100 |
| $350,000 – $540,000 | $3,500 plus $3.50 for every $100 over $350,000 |
| $540,000 – $1,000,000 | $10,150 plus $4.50 for every $100 over $540,000 |
| Over $1,000,000 | $30,850 plus $5.75 for every $100 over $1,000,000 |
Worked examples
A $700,000 home you’ll live in
Estimated duty: $17,350.00.
A $700,000 investment property
Estimated duty: $24,525.00.
First home buyers in QLD
For an established home, eligible first home buyers get the first home concession (contracts from 9 June 2024): up to $17,350 off the home concession amount for homes under $710,000, reducing in $10,000 steps to nothing at $800,000. For a brand-new home, the first home (new home) concession removes transfer duty entirely, with no value cap, for contracts from 1 May 2025. Vacant land has a separate concession that this calculator doesn’t cover.
Eligibility rules apply, such as being an Australian citizen or permanent resident, not having owned a home in Australia before, and moving in within a set time. Check the full rules with the Queensland Revenue Office (QRO) before you rely on a concession.
Other costs to budget for
Stamp duty is usually the biggest upfront cost after your deposit, but it isn’t the only one. Also budget for:
- Government fees to register the transfer of land and your mortgage.
- Conveyancing or legal fees, usually a few thousand dollars.
- Building and pest inspections.
- Lenders mortgage insurance (LMI) if your deposit is under 20%, unless you qualify for a government scheme.
- Moving costs, and council and water rates adjustments at settlement.
When you’d actually use a stamp duty calculator
- Setting your price range. Work out how much cash you need on top of the deposit before you start going to open homes.
- Comparing two properties. See how much a $50,000 difference in price changes the duty.
- Checking a first home concession. See how close a property is to the exemption threshold before you make an offer.
How we calculate
We use the rates published by the Queensland Revenue Office (QRO), checked on . Duty is charged for each $100, or part of $100, so the amount over each threshold is rounded up to the next $100. We apply the first home and home concessions described above, and add the foreign buyer surcharge on the full dutiable value. We don’t check whether you’re eligible for a concession, and we don’t cover off-the-plan, vacant land, pensioner, family farm or business transfers. Rates can change, especially on 1 July and in state budgets. If you spot a difference from the Queensland Revenue Office (QRO)’s figures, please tell us.
Frequently asked questions
How much is stamp duty in Queensland?
On the general rate, transfer duty on a $700,000 property is $24,525. If it’s a home you’ll live in, the home concession rate brings it down to $17,350.
Do first home buyers pay stamp duty in Queensland?
First home buyers of an established home pay no transfer duty under $710,000 and a reduced amount up to $800,000. First home buyers of a brand-new home pay no transfer duty, with no value cap, for contracts from 1 May 2025.
What is the Queensland home concession?
If you buy a home to live in, a lower home concession rate applies. You generally need to move in within one year and not rent it out or sell it before you do.
Do foreign buyers pay extra stamp duty in Queensland?
Foreign persons buying residential land pay additional foreign acquirer duty (AFAD) of 8% on top of transfer duty.
Does this include the mortgage and transfer registration fees?
No. Titles Queensland charges separate registration fees for the transfer and any mortgage. They’re much smaller than transfer duty but still worth budgeting for.