Victoria · FY 2026-27
Stamp duty on $600,000 in VIC
In Victoria, a $600,000 owner-occupied purchase carries duty of $31,070 for FY 2026-27, which is 5.18% of the price itself, while an eligible first home buyer pays nothing at all. Every duty figure below comes from the official schedule; the LMI column further down is indicative.
FY 2026-27 rates · verified against the official sources.
The tally at $600,000
Duty only — the VIC calculator covers concessions and eligibility.
Right on a boundary
The first home buyer exemption ends exactly here — $600,000 is duty-free for an eligible FHB, and the sliding-scale concession begins at $600,001.
Every buyer type at $600,000
| Buyer | Duty | Notes |
|---|---|---|
| Owner-occupier | $31,070 | — |
| Investor | $31,070 | — |
| First home buyer | $0 | New or established; duty-free to $600,000, sliding concession to $750,000. |
| Foreign buyer (incl. 8% surcharge) | $79,070 | On top of investor-rate duty. |
Down here Victoria is unusually generous to two kinds of buyer: the principal-place-of-residence table discounts owner-occupiers up to $550,000, and an eligible first home buyer pays nothing at all to $600,000. Investors are on the general table from the first dollar, so below $550,000 the owner-occupier and investor figures differ — and above it, with the owner-occupier table gone, they are the same.
The same $600,000 in every other state
VIC ranks #8 of 8 for owner-occupier duty at this price. The cheapest jurisdiction at $600,000 is ACT ($12,728) and the dearest is VIC ($31,070):
| Jurisdiction | Owner-occupier duty |
|---|---|
| ACT | $12,728 |
| QLD | $12,850 |
| NSW | $21,187 |
| TAS | $22,498 |
| WA | $22,515 |
| SA | $26,830 |
| NT | $29,700 |
| VIC ← this page | $31,070 |
Standard owner-occupier treatment in each jurisdiction (QLD home concession, VIC owner-occupier rates to $550,000, ACT eligible owner-occupier; general rates elsewhere) — first-home relief excluded here.
The full upfront stack at $600,000
Add the other day-one cost to the duty: below 20% deposit, lenders mortgage insurance applies, computed here from the same published bands as our LMI calculator:
| Deposit | LMI (incl. its duty) | Duty + LMI |
|---|---|---|
| 20% deposit $120,000 | $0 | $31,070 |
| 15% deposit $90,000 | $6,536 | $37,606 (85% LVR) |
| 10% deposit $60,000 | $12,949 | $44,019 (90% LVR) |
Duty shown is the owner-occupier bill; LMI premiums vary between insurers, so read that column as a guide. Registration adds $1,509 (transfer) plus $129.20 (mortgage) in Land Use Victoria fees — the state calculator itemises them live.
How duty moves around $600,000
Duty at every rung of the VIC ladder this page belongs to — each price has its own page:
| Price | Owner-occupier duty |
|---|---|
| $600,000 ← this page | $31,070 |
| $700,000 | $37,070 |
| $750,000 | $40,070 |
| $1,000,000 | $55,000 |
Compared with $550,000 a step down the ladder, this price carries $6,100 more duty; going up to $650,000 would load on $3,000 on top. In-between prices do not scale smoothly here — a threshold sits between the rungs — so a quick run through the calculator settles any figure the ladder skips.
Negotiating near $600,000? Run your exact figure — plus concessions, surcharges and government fees — through the VIC stamp duty calculator, or see how Victoria compares with every other jurisdiction on the by-state comparison. And if this is a purchase you're saving for, the duty above is on top of your deposit — LMI applies under a 20% deposit.
Frequently asked questions
How much is stamp duty on $600,000 in VIC?
What does a first home buyer pay on $600,000 in VIC?
Where does the $600,000 VIC figure come from?
Why does $600,000 sit on a boundary in VIC?
Keep tallying
Source
Figures computed from the schedule published by SRO Victoria for FY 2026-27, by the same tested engines as the calculator — last verified 2026-08-27. Eligibility rules decide which schedule applies; see the VIC calculator for full sources and conditions, and how to calculate stamp duty for the method itself. General information only — not financial, legal or tax advice.