Queensland Stamp Duty $3M β€” First Home Buyer | $153,025

A first home buyer purchasing a $3M property in Queensland pays $153,025 in stamp duty.

Stamp Duty Payable

$153,025

on a $3M property in QLD

Buyer & Property Information

Stamp Duty Calculation

$153,025

Total Costs

$155,525

$13,627/Month

Stamp Duty Calculation

I Am a,, For the Purpose of

Buying a Property in State With a Price of $

QLD Base Stamp Duty Calculation:

Property Price: $3,000,000
Bracket 5 (>$1,000,000): $38,025 + ($2,000,000 Γ— 5.75%)
= $153,025

First Home Buyer Stamp Duty Policy (QLD):

Exceeds first home buyer threshold, full stamp duty applies = $153,025

Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$153,025
Conveyancing / Legal Fees (est.)$2,500
Total Upfront Costs$155,525

Conveyancing fee is an estimate only (typically $800–$2,500). Actual fees vary by conveyancer/solicitor and state.

Stamp Duty Comparison by State

Loan Calculation

Deposit Ratio: %
Loan Term: Years
Interest Rate: %
Deposit Amount$600,000
Loan Amount$2,400,000

Mortgage Calculation (Principal & Interest)

Loan Amount$2,400,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$13,627
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $2,400,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $13,627
Total Repayment$4,905,697
Total Interest$2,505,697

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$14,374+747
ING5.99%$14,374+747
Commonwealth Bank6.09%$14,528+901
Macquarie Bank6.09%$14,528+901
UBank6.09%$14,528+901
Bendigo Bank6.14%$14,606+979
Bank of Queensland6.14%$14,606+979
ANZ6.39%$14,996+1,369
NAB6.44%$15,075+1,448
Suncorp6.54%$15,233+1,606
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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$3,000,000
Base Stamp Duty$153,025
Stamp Duty Payable$153,025

Frequently Asked Questions

How much stamp duty do I pay on a $3M property in Queensland?β–Ύ
A first home buyer purchasing a $3M property in Queensland pays $153,025 in stamp duty.
Are there stamp duty concessions for first home buyers in Queensland?β–Ύ
Yes. Queensland offers first home buyer relief β€” exempt up to $700k with partial relief up to $800k.
When is stamp duty due in Queensland?β–Ύ
In Queensland, stamp duty (transfer duty) is generally due within 3 months of signing the contract, or on settlement β€” whichever is earlier.
What is the stamp duty rate in Queensland?β–Ύ
Queensland uses a progressive bracket system. The exact rate depends on the purchase price β€” for a $3M purchase as a first home buyer, the effective rate is approximately 5.10%.

Compare Buyer Types β€” $3M in QLD

Owner Occupier$153,025Investor$153,025Foreign Buyer$393,025

Stamp Duty at Other Prices β€” QLD First Home Buyer

$300k$0$500k$0$750k$13,388$900k$33,525$1M$38,025$1.25M$52,400$1.5M$66,775$2M$95,525$5M$268,025

Need a Custom Calculation?

Use our full Queensland stamp duty calculator for exact amounts with your specific property details.

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Queensland Stamp Duty $3M β€” First Home Buyer | $153,025