Stamp duty is a government tax you must pay when you buy property or land. In Victoria, stamp duty is a one-off payment made at the time of settlement and is required to legally transfer ownership of the property to you.
Whether it’s your first time or you’ve purchased before, buying a home is an exciting step — but it’s important to be aware of the additional costs involved, such as stamp duty (also called land transfer duty).
The good news? If you're buying in Victoria, you might be eligible for stamp duty concessions or exemptions, especially if you’re a first home buyer and your property meets certain value thresholds.
To get a clear and accurate picture of how much stamp duty you might pay — and what you could potentially save — try using the CommBank Stamp Duty Calculator.