Queensland · FY 2026-27
Stamp duty on $700,000 in QLD
Buy at $700,000 in Queensland to live in, and the transfer duty is $17,350 this financial year — an effective 2.48% of the price, while an eligible first home buyer pays nothing at all. Every figure below comes from the official schedule.
Rates verified against the official sources — how we check.
The tally at $700,000
Duty only — the QLD calculator covers concessions and eligibility.
Right on a boundary
The first home concession’s full-relief cap: an established home at $700,000 is effectively duty-free for an eligible first home buyer ($17,350 concession against $17,350 of home-rate duty).
Every buyer type at $700,000
| Buyer | Duty at $700,000 | Notes |
|---|---|---|
| Owner-occupier | $17,350 | — |
| Investor | $24,525 | — |
| First home buyer (established home) | $0 | Established homes: duty-free to $700,000, concession to $800,000. Brand-new homes: duty-free at any price. |
| Foreign buyer (incl. 8% surcharge) | $80,525 | On top of investor-rate duty. |
This is the band where Queensland’s first-home concession does its dramatic work: full relief to $700,000, then a step-down of $1,735 for every $10,000 of price until it vanishes at $800,000. The home concession’s 1%-on-the-first-$350,000 keeps helping every owner-occupier regardless — and a brand-new home stays duty-free at any price for first-timers.
The same $700,000 in every other state
QLD ranks #2 of 8 for owner-occupier duty at this price. The cheapest jurisdiction at $700,000 is ACT ($17,048) and the dearest is VIC ($37,070):
| Jurisdiction | Owner-occupier duty at $700,000 |
|---|---|
| ACT | $17,048 |
| QLD ← this page | $17,350 |
| NSW | $25,687 |
| TAS | $26,748 |
| WA | $27,265 |
| SA | $32,330 |
| NT | $34,650 |
| VIC | $37,070 |
Standard owner-occupier treatment in each jurisdiction (QLD home concession, VIC PPR, ACT eligible owner-occupier; general rates elsewhere) — first-home relief excluded here.
The full upfront stack at $700,000
What actually leaves your account at settlement is deposit plus duty plus, under a 20% deposit, lenders mortgage insurance — the LMI line below comes from the published LVR premium bands in our LMI calculator:
| Path | Deposit | LMI (incl. its duty) | Duty + LMI |
|---|---|---|---|
| 20% deposit | $140,000 | $0 | $17,350 |
| 15% deposit | $105,000 | $7,556 | $24,906 (85% LVR) |
| 10% deposit | $70,000 | $16,254 | $33,604 (90% LVR) |
Figures use owner-occupier duty; treat the LMI column as indicative, since premiums differ by lender and insurer. On top sits $2,917.20 of Titles Queensland registration fees ($2,669.16 for the transfer, $248.04 for the mortgage) — the state calculator itemises them live.
How duty moves around $700,000
Here is the whole QLD ladder, so you can see what negotiating up or down from this price does to the duty — every price links to its own breakdown:
| Price | Owner-occupier duty |
|---|---|
| $700,000 ← this page | $17,350 |
| $750,000 | $19,600 |
| $800,000 | $21,850 |
The jump from the rung below ($650,000) was worth $2,250 in extra duty, and the next rung up ($750,000) costs another $2,250. Because the schedule charges per $100 of value, anything between two rungs lands proportionally between their bills — or precisely, via the calculator.
Negotiating near $700,000? Run your exact figure — plus concessions, surcharges and government fees — through the QLD stamp duty calculator, or see how Queensland 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 $700,000 in QLD?
What does a first home buyer pay on $700,000 in QLD?
How is stamp duty on $700,000 worked out in QLD?
Why does $700,000 sit on a boundary in QLD?
Keep tallying
Source
Figures computed from the schedule published by QRO 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 QLD 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.