House Buying Costs | Victoria

Stamp duty is typically the largest expense. It is calculated on the property's purchase price or market value, whichever is higher.

Available until October 2026 , this allows buyers to deduct construction costs after the contract date from the taxable value. house buying costs victoria

A sliding scale discount applies for properties between $600,001 and $750,000 . Stamp duty is typically the largest expense

Eligible FHBs pay $0 on properties valued at $600,000 or less . A sliding scale discount applies for properties between

Buying a home in Victoria involves several upfront costs beyond your deposit. For a typical purchase, these expenses can add to the total property price. 1. Stamp Duty (Land Transfer Duty)

2026 rates follow a progressive scale. For an $800,000 home, standard duty is approximately $43,070 .

An additional 8% surcharge applies to foreign purchasers. 2. Government Registration Fees What are the upfront costs of buying a house? - NAB