Queensland stamp duty calculator

Everyone talks about how hard it is to save a deposit, but paying stamp duty is no walk in the park either. The good news? If you’re buying your first property in Queensland, you might be eligible for a waiver or discount.

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

  1. Enter your property value (or an estimate).
  2. Pick QLD as your state/territory.
  3. Select Live-in (if you're buying a home), Investment (for an investment property) or Vacant land (if building on a vacant lot).
  4. 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 valueTransfer duty payable
Up to $5,000N/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 valueTransfer 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/valueConcession (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 moreNil

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?

Unlike in many other states or territories, if you are buying with someone else and one of you has previously owned a property, but the other has not, you can still take advantage of Queensland's first home buyer concessions. Instead of applying together, the one who has not owned property before can apply for a concession for their share of the property.

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

Sources

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To make sure you get accurate and helpful information, this guide has been reviewed by Sarah Megginson, a member of Finder's Editorial Review Board.
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Written by

Editor, Money

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

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Rebecca has written 267 Finder guides across topics including:
  • Home loans
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2 Responses

    Default Gravatar
    TomJune 5, 2024

    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

      Sarah Megginson's headshotFinder
      SarahJune 28, 2024Finder

      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.

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