Queensland Stamp Duty $500k — First Home Buyer | $0

A first home buyer purchasing a $500k property in Queensland pays $0 in stamp duty (after $15,925 concession).

Stamp Duty Payable

on a $500k property in QLD

Concession Saving

$15,925

vs standard rate

Buyer & Property Information

Property Price

State

Deposit Percentage (%) (%)

Interest Rate (%)

Loan Term (Years)

Stamp Duty Calculation

Total Costs

$1,100

$2,271/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: $500,000
Bracket 3 ($75,000-$540,000): $1,050 + ($425,000 × 3.5%)
= $15,925

First Home Buyer Stamp Duty Policy (QLD):

First Home Buyer Stamp Duty: Full Exemption

Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$0

Conveyancing / Legal Fees (est.)$1,100

Total Upfront Costs$1,100

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$100,000

Loan Amount$400,000

Mortgage Calculation (Principal & Interest)

Loan Amount$400,000

Loan Term30 Years

Interest Rate5.5%

Loan Type:

Monthly Repayment$2,271

= Monthly Payment = Loan Amount × (Monthly Rate × (1 + Monthly Rate)^Terms) ÷ ((1 + Monthly Rate)^Terms - 1)
= $400,000 × (Monthly Rate: 0.004583 × (1 + 0.004583)^Total Months: 360) ÷ ((1 + 0.004583)^360 - 1)
= $2,271

Total Repayment$817,616

Total Interest$417,616

Compare with Lenders

Rates as of 2026-07-15

Lender	Rate	Monthly	Diff
Westpac	5.99%	$2,396	+124
ING	5.99%	$2,396	+124
Commonwealth Bank	6.09%	$2,421	+150
Macquarie Bank	6.09%	$2,421	+150
UBank	6.09%	$2,421	+150
Bendigo Bank	6.14%	$2,434	+163
Bank of Queensland	6.14%	$2,434	+163
ANZ	6.39%	$2,499	+228
NAB	6.44%	$2,513	+241
Suncorp	6.54%	$2,539	+268

Compare home loan rates

Free, no obligation quote from leading Australian lenders

Mortgage Cashflow Over Time

📊 Get a Personalised Property Report

Receive a detailed breakdown of all costs, savings opportunities, and a comparison with similar properties in your area — delivered straight to your inbox.

We respect your privacy. No spam, unsubscribe anytime.

Cost Breakdown

Item	Amount
Property Price	$500,000
Base Stamp Duty	$15,925
Concession Saving	−$15,925
Stamp Duty Payable	$0

Frequently Asked Questions

How much stamp duty do I pay on a $500k property in Queensland?▾

A first home buyer purchasing a $500k property in Queensland pays $0 in stamp duty, after a concession saving of $15,925.

Are there stamp duty concessions for first home buyers in Queensland?▾

Yes. Queensland offers first home buyer relief — exempt up to $700k with partial relief up to $800k.

When is stamp duty due in Queensland?▾

In Queensland, stamp duty (transfer duty) is generally due within 3 months of signing the contract, or on settlement — whichever is earlier.

What is the stamp duty rate in Queensland?▾

Queensland uses a progressive bracket system. The exact rate depends on the purchase price — for a $500k purchase as a first home buyer, the effective rate is approximately 0.00%.

Compare Buyer Types — $500k in QLD

Owner Occupier$15,925 Investor$15,925 Foreign Buyer$55,925

Stamp Duty at Other Prices — QLD First Home Buyer

$300k$0 $750k$13,388 $900k$33,525 $1M$38,025 $1.25M$52,400 $1.5M$66,775 $2M$95,525 $3M$153,025 $5M$268,025

Need a Custom Calculation?

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

Open QLD Calculator