Victoria Stamp Duty $5M β€” Owner Occupier | $305,000

A owner occupier purchasing a $5M property in Victoria pays $305,000 in stamp duty.

Stamp Duty Payable

$305,000

on a $5M property in VIC

Buyer & Property Information

Stamp Duty Calculation

$305,000

Total Costs

$307,500

$22,712/Month

Stamp Duty Calculation

I Am a,, For the Purpose of

Buying a Property in State With a Price of $

VIC Base Stamp Duty Calculation:

Property Price: $5,000,000
Bracket 5 (>$2,000,000): $110,000 + ($3,000,000 Γ— 6.5%)
= $305,000
Upfront Cost Breakdown

Total Upfront Costs

Stamp Duty$305,000
Conveyancing / Legal Fees (est.)$2,500
Total Upfront Costs$307,500

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$1,000,000
Loan Amount$4,000,000

Mortgage Calculation (Principal & Interest)

Loan Amount$4,000,000
Loan Term30 Years
Interest Rate5.5%
Loan Type:
Monthly Repayment$22,712
= Monthly Payment = Loan Amount Γ— (Monthly Rate Γ— (1 + Monthly Rate)^Terms) Γ· ((1 + Monthly Rate)^Terms - 1)
= $4,000,000 Γ— (Monthly Rate: 0.004583 Γ— (1 + 0.004583)^Total Months: 360) Γ· ((1 + 0.004583)^360 - 1)
= $22,712
Total Repayment$8,176,162
Total Interest$4,176,162

Compare with Lenders

Rates as of 2026-07-15
LenderRateMonthlyDiff
Westpac5.99%$23,956+1,245
ING5.99%$23,956+1,245
Commonwealth Bank6.09%$24,214+1,502
Macquarie Bank6.09%$24,214+1,502
UBank6.09%$24,214+1,502
Bendigo Bank6.14%$24,343+1,632
Bank of Queensland6.14%$24,343+1,632
ANZ6.39%$24,994+2,282
NAB6.44%$25,125+2,414
Suncorp6.54%$25,388+2,676
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Mortgage Cashflow Over Time

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Cost Breakdown

ItemAmount
Property Price$5,000,000
Base Stamp Duty$305,000
Stamp Duty Payable$305,000

Frequently Asked Questions

How much stamp duty do I pay on a $5M property in Victoria?β–Ύ
A owner occupier purchasing a $5M property in Victoria pays $305,000 in stamp duty.
Are there stamp duty concessions for owner occupiers in Victoria?β–Ύ
Standard rates apply for owner occupiers. No concessional rates are available.
When is stamp duty due in Victoria?β–Ύ
In Victoria, 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 Victoria?β–Ύ
Victoria uses a progressive bracket system. The exact rate depends on the purchase price β€” for a $5M purchase as a owner occupier, the effective rate is approximately 6.10%.

Compare Buyer Types β€” $5M in VIC

First Home Buyer$305,000Investor$305,000Foreign Buyer$705,000

Stamp Duty at Other Prices β€” VIC Owner Occupier

$300k$13,070$500k$25,070$750k$40,070$900k$49,070$1M$55,000$1.25M$68,750$1.5M$82,500$2M$110,000$3M$175,000

Need a Custom Calculation?

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

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Victoria Stamp Duty $5M β€” Owner Occupier | $305,000