Stamp duty and upfront costs
Victorian duty with first home concessions and foreign purchaser additional duty, plus the other costs on settlement day.
Land transfer duty
$40,070
Other upfront costs
$4,200
Conveyancing, inspections, searches and loan fees.
Cash needed on top of your deposit
$44,270
Duty is usually paid at settlement through your conveyancer.
Duty rates change and concessions depend on your circumstances, including whether you have owned property before and whether you will live in the home. Figures correct as at September 2026. Always confirm current amounts and thresholds with the State Revenue Office Victoria or a licensed conveyancer before relying on them..
This information is general in nature and does not take into account your personal financial situation. It is not financial, credit, tax, or legal advice. Please consult a licensed financial adviser, mortgage broker, or conveyancer or solicitor before making any decisions.