Stamp duty on investment property in Victoria 2026 is a significant upfront cost investors consistently underestimate. Victoria uses a tiered Land Transfer Duty (LTD) system calculated as a percentage of the dutiable value. For investment property buyers, the full standard rates apply with virtually no concessions available.
Victoria Stamp Duty Rates 2026
Up to $25,000: 1.4%. $25,001-$130,000: $350 + 2.4% of excess over $25K. $130,001-$960,000: $2,870 + 6.0% of excess over $130K. $960,001-$2,000,000: $52,670 + 6.5% of excess over $960K. Over $2,000,000 (investment property): 6.5% of amount over $2M plus tiered rates on first $2M.
Victoria Stamp Duty — Investment Property Examples 2026
Calculated using Victoria’s standard tiered rates. Foreign purchasers pay an additional 8% FPAD surcharge on top. Use SRO VIC’s online calculator for the precise figure.
Foreign Purchaser Additional Duty
Foreign purchasers pay an additional 8% Foreign Purchaser Additional Duty (FPAD) on top of standard Land Transfer Duty. At a $700K purchase price, FPAD adds $56,000. This applies to all residential property in Victoria. Australian citizens and permanent residents are not subject to FPAD.
Stamp Duty Concessions for Investment Property in Victoria
No meaningful concessions exist for investment property buyers in Victoria. The First Home Buyer Duty Exemption/Reduction applies only to first home buyers who will occupy the property. The off-the-plan concession was restricted to owner-occupiers and first home buyers from July 2017 — investment property purchasers of off-the-plan properties pay duty on the full completed contract price. Budget for the full standard duty rate with no concessions.
Is Stamp Duty Tax Deductible for Investment Property?
Stamp duty on investment property is not immediately deductible. It is a capital cost added to the property’s cost base for CGT purposes — reducing your CGT liability when you eventually sell. It provides no immediate tax deduction in the year of purchase. This applies in all Australian states.
Victoria vs Other States — Stamp Duty Comparison
At a $700K purchase price for an investor: Victoria ~$40,070 | NSW ~$26,857 | Queensland ~$21,850 | South Australia ~$31,285 | Western Australia ~$23,435. The VIC vs QLD gap saves approximately $18,000 — one reason Sydney-based investors often choose to invest interstate while renting locally (rentvesting).
Victoria’s stamp duty is high, non-negotiable, and offers investors no concessions — budget for it upfront and include it in every investment property model before signing. At $600K+ entry points, stamp duty represents 5-7% of the purchase price on top of your deposit requirement.
One Property at a time
Brick by Brick 🧱
General Advice Warning: This article is general in nature and does not constitute personal financial advice. Please consult a licensed financial adviser before making investment decisions.
