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
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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.