Stamp Duty on $500K Property — VIC
Stamp duty on a $500,000 property in Victoria is $25,070.00. See total costs, first home buyer savings, and compare to other states.
Last verified: 1 July 2025Stamp Duty: $25,070.00
On a $500,000 property in Victoria, stamp duty is $25,070.00 at an effective rate of 5.01% (2025-26 rates).
Cost Breakdown
| Property price | $500,000 |
| Stamp duty (standard buyer) | $25,070.00 |
| Effective stamp duty rate | 5.01% |
| Legal / conveyancing fees (est.) | $2,000.00 |
| Building & pest inspection (est.) | $500.00 |
| Total purchase cost | $527,570.00 |
First Home Buyer Stamp Duty — VIC
You save $25,070.00
First home buyers pay $0.00 in stamp duty on a $500,000 property in Victoria, compared to $25,070.00 for a standard buyer.
Total purchase cost with FHB concession: $502,500.00
Foreign Buyer Stamp Duty
Foreign purchasers pay an additional 8% surcharge ($40,000.00) on top of standard stamp duty.
Total foreign buyer stamp duty: $65,070.00
Stamp Duty on $500K — All States
| State | Stamp Duty | Effective Rate |
|---|---|---|
| New South Wales | $17,235.00 | 3.45% |
| Victoria | $25,070.00 | 5.01% |
| Queensland | $15,925.00 | 3.19% |
| Western Australia | $18,325.00 | 3.67% |
| South Australia | $21,330.00 | 4.27% |
| Tasmania | $18,248.00 | 3.65% |
| Australian Capital Territory | $12,888.00 | 2.58% |
| Northern Territory | $16.00 | 0.00% |
Mortgage Impact — Adding Stamp Duty to Your Loan
If you add $25,070.00 stamp duty to your home loan instead of paying upfront, here is how it affects your repayments (based on 80% LVR, 6.25% rate, 30-year term):
| Monthly repayment (without stamp duty in loan) | $2,462.87 |
| Monthly repayment (with stamp duty in loan) | $2,617.23 |
| Extra per month | +$154.36 |
| Extra interest paid over 30 years | $30,499.71 |
Paying stamp duty upfront saves you $30,499.71 in interest over the life of your loan.
Calculate a Different Amount
Frequently Asked Questions
How much is stamp duty on a $500,000 house in Victoria?
Stamp duty on a $500,000 property in Victoria is $25,070.00 for a standard buyer (2025-26 rates). This is an effective rate of 5.01%.
Do first home buyers pay stamp duty in Victoria?
First home buyers in Victoria pay $0.00 in stamp duty on a $500,000 property — a saving of $25,070.00 compared to standard rates.
What are the total costs of buying a $500,000 property in Victoria?
The total estimated cost is approximately $527,570.00, which includes the purchase price ($500,000), stamp duty ($25,070.00), legal/conveyancing fees (~$2,000), and building/pest inspections (~$500).
General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.
Learn more
Complete guide to NSW stamp duty rates for 2025-26. Find out what you'll pay, first home buyer exemptions, and how the property tax option works.
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NSW Stamp Duty Calculator 2025-26: How Much Will You Pay?Calculate your NSW stamp duty (transfer duty) for 2025-26. Covers standard rates, first home buyer exemptions, the First Home Buyer Choice property tax option, and foreign buyer surcharges.