Key takeaways
- Stamp duty, or transfer duty as it's known in Queensland, is a state government tax you pay on property purchases.
- It can add up to tens of thousands of dollars so it's worth calculating before you get left with a big surprise.
- There are discounts available for some buyers though, including first home buyers or builders who commit to living in their new home.
Stamp duty calculator
Use our stamp duty calculator to estimate your costs by filling in the fields and making sure you select QLD as your state/territory.
Note that this is just an estimate and may not reflect your actual costs.
How to use the QLD stamp duty calculator
- Enter your property value (or an estimate).
- Pick QLD as your state/territory.
- Select Live-in (if you're buying a home), Investment (for an investment property) or Vacant land (if building on a vacant lot).
- If you've never owned a home before select Yes for First Home Buyer.
How much is stamp duty in Queensland?
Transfer duty in Queensland is calculated based on either the amount you offer to pay for the property or the amount the property is valued at, whichever is higher.
In other words: if a relative is selling you a property for $500,000 but it's actually worth $700,000, you'll pay stamp duty based on the higher value.
The amount you pay also depend on what type of buyer you are. There are different rates for investors and home buyers, for instance.
General rates of transfer duty in Queensland – buying an investment property:
| Property value | Transfer duty payable |
|---|---|
| Up to $5,000 | N/A |
| Between $5,000 and $75,000 | $1.50 for every $100 over $5,000 |
| Between $75,000 and $540,000 | $1,050 plus $3.50 for every $100 over $75,000 |
| Between $540,000 and $1,000,000 | $17,325 plus $4.50 for every $100 over $540,000 |
| More than $1,000,000 | $38,025 plus $5.75 for every $100 over $1,000,000 |
General rates of transfer duty in Queensland – buying your own home:
| Property value | Transfer duty payable |
|---|---|
| Up to $350,000 | $1 for every $100 |
| Between $350,001 and $540,000 | $3,500 plus $3.50 for every $100 over $350,000 |
| Between $540,001 and $1,000,000 | $10,150 plus $4.50 for every $100 over $540,000 |
| More than $1,000,000 | $30,850 plus $5.75 for every $100 over $1,000,000 |
What stamp duty discounts are there in Queensland?
If you're buying your first home in Queensland, you could get a full exemption or a discounted rate. As of 1 May 2025, there are a couple of incentives that could mean you pay no stamp duty at all if you're a first home buyer.
The first home concession
You can see the concession you'll receive in the table below. This is not the amount of stamp duty you'll need to pay, but the amount that will be taken from your stamp duty.
This means that a property priced less than $700,000 will receive a 100% discount, as the concession would cover the full cost.
This is only applicable if you're buying an established home as your first home.
| Purchase price/value | Concession (deduct this amount from the amount calculated using the home concession rate) |
|---|---|
| Not more than $709,999.99 | $17,350 |
| $710,000 to $719,999.99 | $15,615 |
| $720,000 to $729,999.99 | $13,880 |
| $730,000 to $739,999.99 | $12,145 |
| $740,000 to $749,999.99 | $10,410 |
| $750,000 to $759,999.99 | $8,675 |
| $760,000 to $769,999.99 | $6,940 |
| $770,000 to $779,999.99 | $5,205 |
| $780,000 to $789,999.99 | $3,470 |
| $790,000 to $799,999.99 | $1,735 |
| $800,000 or more | Nil |
To qualify for this concession, buyers must:
- Be over 18;
- Move into the property within 1 year of settlement, and not sell it prior to moving in
- Not have held any interest in another residence, in Australia or overseas
- Have never claimed the first home vacant land concession in Queensland
- Move into it with your personal belongings and live there on a daily basis within 1 year of settlement (this time cannot be extended)
- And not dispose (sell, transfer, lease or otherwise grant exclusive possession) of all or part of the property before you move in
The first home concession applies to buyers who are buying an established property, or land on which to build a home, which they intend to occupy.
What if my co-buyer has owned property before?
For example, if you're buying a property 50/50, the first time buyer can apply for 50% of the concession available. In the case of the full concessions, this means 50% of the stamp duty that would have been charged.
The first home (new home) concession
For contracts after 1 May 2025 a full concession is available for eligible buyers who buy a new home and commit to living in it within 1 year.
There's no property value cap or thresholds, but the property must not have been previously occupied or sold as a place of residence. Or, it must be a substantially renovated home.
For full eligibility criteria you should check with the Queensland government. But other eligibility requirements include:
- You can't have claimed the vacant land concession (below)
- You must move into the home with your personal belongings and live there on a daily basis within 1 year of settlement
- You must pay market value
The first home vacant land concession
Also for contracts after 1 May 2025, you could claim a full concession for purchasing vacant land for which to build your first home.
There's no property value cap or threshold, but you must pay market value for the land. You must build your first home, move in with your personal belongings and live there on a daily basis within 2 years of settlement.
For full eligibility criteria you should check with the Queensland government. But other eligibility requirements include:
- You can't have claimed the vacant land concession before
- You can't have held an interest in a residence in Australia or overseas before
- You must only build 1 home on the land
More questions about Queensland stamp duty
-
Stamp duty documents need to be lodged within 30 days of a transaction. But most lenders require a borrower to pay stamp duty at settlement. Your conveyancer will help you with the documents.
-
Foreign buyers are eligible for the first home buyer concessions and lower rates of stamp duty, providing you are planning to live in the property. Foreign investors will have to pay the full rates of stamp duty. However, all foreign buyers will also need to pay an additional foreign acquirer duty. This is an additional 8% tax on the purchase price of the property (including GST).
-
Yes. Even if you didn't pay a cent for the property, the state charges stamp duty based on the market value of the property. This is a fair estimate of what the property would sell for on the market.
You should talk to a conveyancer if you need help with a property transaction between family members.
-
No, only buyers who plan to live in the property can receive a concession. Investors are required to pay the full amount of transfer duty.
-
Yes. If you inherit a property when someone dies, or transfer property as part of a divorce settlement, you can apply for a transfer duty exemption.
Under the new first home buyer incentives introduced in May 2025, anyone buying a brand new home to live in or buying land on which to build a home to live in will not have to pay stamp duty.
-
Finder writers are subject matter experts and use primary sources, in-depth research and interviews with other experts to ensure you're getting accurate, up-to-date information. Articles are fact checked in line with our editorial guidelines.
- Queensland Revenue Office
- Media Release - Cost of Living for Queensland first home buyers
- Transfer duty concessions and exemptions
- Home concession, Queensland Revenue Office
- First home concession, Queensland Revenue Office
- First home (new home) concession, Queensland Revenue Office
- First home vacant land concession, Queensland Revenue Office
Rebecca Pike is Finder’s money editor, with over 7 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise and 7News, Today and 9News, as well as Sky News, Channel 10 and across radio and print. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio
- Home loans
- Personal Loans
- Car Loans
- Cost of living
- Budgeting
Get rewarded $$ for switching with Finder Rewards
Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.
More guides on Finder
-
Stamp duty in the Northern Territory
Everything you need to know about stamp duty in the NT and how it’s calculated.
-
Stamp duty in South Australia
Here’s everything you need to know about stamp duty in South Australia and how it’s calculated.
-
Stamp duty in Tasmania
Everything you need to know about stamp duty in Tasmania and how it’s calculated.
-
Stamp duty in the ACT
Everything you need to know about stamp duty in the ACT and how it’s calculated.
-
Stamp duty in WA
Everything you need to know about how much stamp duty you'll pay when you buy a home in Western Australia.
-
Stamp duty Victoria
Your complete guide to stamp duty in Victoria, including new discounts that could save homebuyers up to $27,500.
-
NSW stamp duty calculator & guide
Stamp duty is just one of the many costs associated with property ownership. Learn everything you need to know about transfer duty in NSW.
We purchased a home in Qld last July 23 as nz residents in Australia and paid stamp duty as permanent resident .we are looking at selling this home now and returning to NZ due to family circumstances are there any stamp duty implications , we will have owned the property for around 18 months by time we sell
Hi Tom,
There are no stamp duty implications when you sell. You’ve already paid stamp duty, and unfortunately there are no refunds or rebates, but you’ll have no action to take when you sell your property in regards to stamp duty.