Stamp duty in Victoria (VIC) ranges approximately 4.6–5.5% of the property value. Land transfer duty. Example: on $800K home ≈ $43,070
Land transfer duty. Example: on $800K home ≈ $43,070
Principal place of residence exempt. Various surcharges apply.
Most Australian states offer stamp duty concessions or grants for first home buyers. In Victoria, first home buyers purchasing below certain thresholds may qualify for a partial or full exemption. Check with the VIC State Revenue Office for current thresholds and eligibility.
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