Stamp Duty Calculator — Queensland

From 9 May 2024, the Queensland Government raised the first home concession threshold significantly:

• Full exemption: properties up to $700,000 (was $550,000)
• Sliding concession: properties $700,000–$800,000

This is the most generous QLD first home concession in over a decade and saves a typical Brisbane buyer around $15,000–$20,000.

For a first home buyer (eligible): $0 — full first home concession applies under the $700,000 threshold.

For an owner-occupier (not first home): approximately $12,850 using the home concession rate.

For an investor: approximately $19,425 using the general transfer duty rate.

The QLD home concession is a discounted stamp duty rate available to anyone buying a home they'll live in as their principal place of residence — regardless of whether it's their first home. It saves a few thousand dollars compared to the general transfer duty rate.

You must move in within 12 months and live there for at least 6 months continuously.

QLD's stamp duty concessions are state-wide — there are no extra concessions specifically for regional areas like Cairns, Townsville, or Mackay. However, regional property prices are typically lower than Brisbane or the Gold Coast, so first home buyers in regional QLD often qualify automatically for the full first home concession (under $700,000).

Stamp duty (also called transfer duty or conveyance duty) is a one-off tax you pay to your state or territory government when you buy property. It's calculated as a percentage of the purchase price, with rates and thresholds set by each state — there is no federal stamp duty.

For most homebuyers, stamp duty is the largest upfront cost after the deposit, often $20,000–$50,000+ for a typical home.

It depends on your state and the property price. Most states have full or partial exemptions for first home buyers up to a price cap:

• NSW: No duty up to $800,000 (sliding to $1,000,000)
• VIC: No duty up to $600,000 (sliding to $750,000)
• QLD: No duty up to $700,000 (sliding to $800,000) since May 2024
• SA: No duty for new homes (no price cap, since June 2024)
• WA: No duty up to $450,000 (sliding to $600,000)

Use the calculator above with "First home buyer" selected to see your exact amount.

Stamp duty is typically due within 30 to 90 days of contract signing or settlement, depending on the state. Most buyers pay it at settlement through their conveyancer or solicitor, who handles it as part of the property transfer.

You can't roll stamp duty into your home loan as such — it must be paid in cash or from your savings — but some lenders allow you to borrow the equivalent against equity if you have it.