Transfer duty rates
These transfer 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.
- home concession rates if you’re claiming a home, first home or first home vacant land concession
- vehicle registration duty rates if you’re registering or transferring a vehicle.
|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 7% applies to acquisitions of residential land by foreign persons (including companies and trusts). Find out more about the additional foreign acquirer duty.
You sign an agreement to buy a house with a dutiable value of $365,400. The house will be an investment property, so you don’t qualify for a home concession.
As the value is within the $75,000 to $540,000 range, duty is assessed at $1,050 plus $3.50 for each $100, or part of $100, over $75,000.
This is how the duty is calculated:
$1,050 (for the first $75,000)
+ $10,164 ($3.50 for every $100 in $290,400, the balance above $75,000)
= $11,214 (the transfer duty payable)
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.
- See previous transfer duty rates for transactions dated before 21 September 2012.