Transfer duty rates

These transfer (stamp) duty rates for Queensland apply to transactions involving dutiable property, including transfers of commercial or investment property. They also apply to corporate trustee duty and landholder duty.

See also:

• home concession rates if you’re claiming one of the home concessions
  Home concession

  A reduction in the amount of transfer duty you pay when you purchase a home to live in

  There are 4 types of home concession:

  • home concession—for your second or subsequent home
  • first home concession—for your first home (other than a new home)
  • first home (new home) concession—for your first home that is a new home
  • first home vacant land concession—for vacant land on which to build your first home.

  You can claim one concession for your home.

  See also the definition for new home.

• vehicle registration duty rates if you’re registering or transferring a vehicle.

Use the transfer duty estimator to get an idea of how much duty you may have to pay, or the calculator (for complex calculations).

Current transfer duty rates

Dutiable value	Duty rate
Not more than $5,000	Nil
More than $5,000 up to $75,000	$1.50 for each $100, or part of $100, over $5,000
$75,000 to $540,000	$1,050 plus $3.50 for each $100, or part of $100, over $75,000
$540,000 to $1,000,000	$17,325 plus $4.50 for each $100, or part of $100, over $540,000
More than $1,000,000	$38,025 plus $5.75 for each $100, or part of $100, over $1,000,000

There is no separate transfer duty rate for seniors card or pensioner concession card holders.

Additional duty of 8% applies to acquisitions of residential land by foreign persons (including companies and trusts). Find out more about the additional foreign acquirer duty.

Example

You sign an agreement to buy a house with a dutiable value of $850,000. The house will be an investment property, so you don’t qualify for a home concession.

Because the value is within the $540,000 to $1,000,000 range, duty is assessed at $17,325 plus $4.50 for each $100, or part of $100, over $540,000.

This is how the duty is calculated:

$17,325 (for the first $540,000)

+ $13,950 ($4.50 for every $100 in $310,000, the balance above $540,000)

= $31,275 (the transfer duty payable)

Mortgage transfers

Mortgage duty was abolished in Queensland on 1 July 2008. However, transfer duty still applies to transfers of a mortgage. You pay $5 duty if you transfer, or agree to transfer, a mortgage solely over land in Queensland.

Also consider…

• See previous transfer duty rates for transactions dated before 21 September 2012.