Australia · Stamp Duty
Queensland is significantly cheaper to buy into than NSW or Victoria: a $700,000 Brisbane home costs roughly $21,000 in duty versus $32,000 in Victoria and $26,500 in NSW. The state also has no foreign-buyer surcharge, which keeps it popular with investors. First home buyers get an exemption up to $500,000 and concessions to $550,000, plus a $15,000 grant on new builds under $750,000.
Preset rates are indicative reference values only. Confirm current rates and any reliefs with your local tax authority.
Transfer tax / stamp duty: A$24,525.00
Jurisdiction comparison at A$700,000.00
Queensland pays A$24,525.00 (3.5%) vs Queensland at A$24,525.00 (3.5%).
0% to $5,000, then 1.5% to $75,000, 3.5% to $540,000, 4.5% to $1m, and 5.75% above — a $700k home pays ~$21,000. Bands below are the standard residential buyer schedule used by the calculator.
| Property value | Rate |
|---|---|
| $0.00 – $5,000.00 | 0% |
| $5,000.00 – $75,000.00 | 1.5% |
| $75,000.00 – $540,000.00 | $1,050.00 + 3.5% above $75,000.00 |
| $540,000.00 – $1,000,000.00 | $17,325.00 + 4.5% above $540,000.00 |
| $1,000,000.00+ | $38,025.00 + 5.75% above $1,000,000.00 |
Indicative figures checked against official sources on — official source: Queensland Revenue Office — transfer duty. Rates are typically indexed or revised each financial year.
A $700,000.00 purchase in Queensland attracts about $24,525.00 in stamp duty at the standard indicative rates — an effective rate of 3.5%. QLD title registration fees are about $350–$500 plus settlement costs. That makes the all-in cash requirement $724,525.00 before you factor in any deposit, legal work, or moving costs. Adjust the price in the calculator to model your own number.
0% to $5,000, then 1.5% to $75,000, 3.5% to $540,000, 4.5% to $1m, and 5.75% above — a $700k home pays ~$21,000. Rates change with legislation and vary by buyer circumstances, so treat these as planning figures and confirm the current rate with Queensland Revenue Office — transfer duty before you commit.
At the indicative rates above, a $700,000.00 property attracts about $24,525.00 in stamp duty — an effective rate of 3.5%. QLD title registration fees are about $350–$500 plus settlement costs. The calculator above lets you change the price and see the result instantly.
First home buyers: exemption up to $500,000, concession up to $550,000. Eligibility rules change frequently and vary by buyer type, so verify your situation with Queensland Revenue Office — transfer duty or a conveyancer.
The buyer normally pays the stamp duty in Queensland — in full, before or at settlement — and it usually cannot be added to the mortgage, so it must be part of your cash budget alongside the deposit. Purchase contracts can reassign the obligation, so confirm what yours says.
How we calculate: the calculator applies the official band schedule marginally — each rate applies only to the slice of the price inside its band, exactly as the revenue authority does. Worked examples are computed with the same function.
Last reviewed: . Learn more about Nirmal Lashkari and LashkariProperties.
Disclaimer: stamp duty rates change with legislation and vary by buyer circumstances. These are indicative planning figures, not tax advice — confirm every number with Queensland Revenue Office — transfer duty or a qualified local professional.
