Stamp Duty Calculator Queensland

If you’re a Queenslander currently searching for your dream home or investment property, then you’ll need to be prepared to pay stamp duty. Mozo’s easy to use stamp duty calculator quickly crunches the numbers so that you can work out how much stamp duty will cost you.

Check out the FAQ section below to find out more about concessions and other important info you’ll need to know about buying property in Queensland.

Is the property vacant land?

Calculations valid for 2020-2021 financial year

Includes duty discounts for first home buyers but does not include state or federal grants

Some states may give further discounts or exemptions in certain circumstances

What next?

Check out some top home loan offers, read up on all things home loans or check out our other calculators

Home loan comparisons on Mozo

Search promoted home loans below or do a full Mozo database search. Advertiser disclosure.
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    Mozo Experts Choice 2021
    Smart Booster Home Loan

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    2.47% p.a.

    A super low introductory rate home loan with no monthly or ongoing fees. Unlimited free redraws and unlimited additional repayments to help you build your equity and own your home sooner. Multiple loan splits available. (Rates revert after introductory period ends). 20% minimum deposit required. Winner of two Mozo Expert's Choice Award for 2021.

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    UHomeLoan

    Owner Occupier, Principal & Interest

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    1.75% p.a.
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    2.22% p.a.

    $0 fees and easy application. Choose between weekly, fortnightly or monthly repayments. 3 year fixed rates are for new Owner Occupier Principal & Interest loans.

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    Basic Home Loan

    Fixed, Owner Occupier, Principal & Interest, LVR<70%

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    2.09% p.a.
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    2.43% p.a.

    Get a flexible loan structure with up to six loan accounts with different rate types. Make free extra repayments. Enjoy free redraw facility. No upfront or ongoing fees. Option to earn Qantas points.

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    Mozo Experts Choice 2021
    Celebrate Variable Home Loan

    <60% LVR, Owner Occupier, Principal & Interest

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    2.19% p.a. variable
    2.19% p.a.

    Fast and efficient online application. Automatic discounts as loan is paid off. Free extra repayments and redraw facility. Zero fees to consider. Min 40% deposit required. Winner of three Mozo Expert's Choice Award for 2021.

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  • Hot Deal$3,000 cashback when you refinance with Virgin Money (T&Cs apply)
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    Special Offer Reward Me Fixed Rate Home Loan

    Owner Occupier, LVR <80%, 300k+

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    1.94% p.a.
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    2.77% p.a.

    Enjoy $3,000 cashback when you refinance with Virgin Money (T&Cs apply). Additional repayments up to $10,000 per annum. Reverts to the discounted variable rate on expiry of the fixed term.

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    Star Gold Home Loan

    Owner Occupier, Principal & Interest, Refinance Only, <60% LVR

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    1.79% p.a. variable
    1.84% p.a.

    An exceptional low rate for owner occupiers with 40% or more equity in their home. No ongoing fees. Unlimited additional repayments with free online redraws. loan size $150k to $750k, no construction loans. Metro Areas Only.

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    Mozo Experts Choice 2021
    Well Balanced

    Owner Occupier, Principal & Interest, LVR <80%

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    2.17% p.a. variable
    2.20% p.a.

    Well Balanced home loan is a low rate home loan with free online redraw and no valuation fee. Purchase, Refinance or Equity Release purposes allowed. Offset Home Loan winner in the Mozo Expert's Choice Award for 2021.

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  • Hot Deal$3,000 cashback when you refinance your home loan to BOQ (T&Cs apply)
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    Mozo Experts Choice 2021
    Discount Fixed Rate

    Owner Occupier, Principal & Interest, <80% LVR

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    1.89% p.a.
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    3.05% p.a.

    Have the certainty of fixed repayments with a competitive rate from BOQ. Flexible repayment options available and make up to $5,000 in additional repayments annually. $3,000 cashback when you refinance your home loan to BOQ (min. $250k lending, max 80% LVR, T&Cs apply). Fixed Rate Home Loan Winner in the Mozo Expert's Choice Award for 2021.

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    Fixed Rate Home Loan

    LVR <80%, Owner Occupier, Principal & Interest

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    1.89% p.a.
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    3.03% p.a.

    A People’s Choice 3 year fixed home loan allows you to enjoy a simple, non-complicated home loan with a competitive rate. There are no restrictions to the number of loans you can combine on a package. Lock in a competitive fixed interest rate with People’s Choice.

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    Discount Great Rate Home Loan (Fixed, Owner Occupier, Principal & Interest)

    LVR<90%, over $150k

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    1.69% p.a.
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    3.49% p.a.

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  • Hot DealReceive $3,288 cashback when refinancing to HSBC (T&Cs apply)
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    Fixed Rate Home Loan

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    1.88% p.a.
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    Fixed Home Loan Special Offer

    Owner Occupier, Principal & Interest, <80% LVR

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    1.89% p.a.
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    2.85% p.a.

    Competitive low rates starting from 1.89% (2.85% comparison rate) 2 years fixed for owner occupiers. No monthly account keeping fees & No loan establishment fee.

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    Low Rate Home Loan

    Owner Occupier, Principal & Interest, <60% LVR

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    2.14% p.a. variable
    2.16% p.a.

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    Special Fixed Rate Home Loan

    Owner Occupier, Principal & Interest

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    1.99% p.a.
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    3.45% p.a.

    Great fixed low rate. Ability to split your loan between fixed and variable. Insurance discounts and $0 credit card or personal loan fee available. $2,000 cashback offer for investor & owner occupied home loans over $250k with LVR ≤80% when refinancing to Newcastle Permanent. Enjoy local branches and call centre.

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    Basic Home Loan

    Fixed, Owner Occupier, Principal & Interest, LVR 70-80%

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    Initial monthly repayment
    2.09% p.a.
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    2.56% p.a.

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    Neat Home Loan

    Owner Occupier, Principal & Interest, LVR <60%

    interest rate
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    Initial monthly repayment
    2.19% p.a. variable
    2.20% p.a.

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    Back to Basics Special

    LVR<80%, Owner Occupier, Principal & Interest

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    2.44% p.a. variable
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    Mozo Experts Choice 2021
    Liberate Variable Home Loan

    70-80% LVR, Owner Occupier, Principal & Interest

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    Initial monthly repayment
    2.29% p.a. variable
    2.23% p.a.

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  • Hot DealAvailable to self-employed borrowers
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    Prime Home Loan

    Owner Occupier, Principal & Interest, LVR <70%

    interest rate
    comparison rate
    Initial monthly repayment
    2.44% p.a. variable
    2.49% p.a.

    A competitive rate for Aussies looking for a fast and flexible home loan. No credit scoring or ongoing fees. Extra repayments and redraw available. Get a dedicated specialist for the loan application process.

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    UHomeLoan - Discount Offer

    Owner Occupier, Principal & Interest

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    Initial monthly repayment
    2.34% p.a. variable
    2.34% p.a.

    Enjoy a super low rate. $0 fees to consider. Fast and easy online application. Free redraw and free extra repayments. Flexible payment terms. Min 20% deposit required.

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  • placeholder
    Discounted Variable Home Loan

    Owner Occupier, Principal & Interest

    interest rate
    comparison rate
    Initial monthly repayment
    2.94% p.a. variable
    3.34% p.a.

    Enjoy a great low rate with no ongoing fees. Ability to split your loan between fixed and variable. 100% offset account. $2,000 cashback offer for investor & owner occupied home loans over $250k with LVR ≤80% when refinancing to Newcastle Permanent.

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  • placeholder
    Smart Home Loan 80

    Owner Occupier, Principal & Interest

    interest rate
    comparison rate
    Initial monthly repayment
    2.48% p.a. variable
    2.50% p.a.

    A low-rate home loan that could save you thousands, with no ongoing fees plus unlimited extra repayments and free redraws. You'll need to be borrowing $1 million or less and have at least a 20% deposit required.

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^See information about the Mozo Experts Choice Home loans Awards

*WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.

While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.

Home loan resources

Stamp Duty Queensland FAQs

Transfer or stamp duty, is it the same thing?

Yes, stamp duty is more commonly known in QLD as transfer duty. It’s a one-off government charge you will have to pay once you purchase property or land, regardless of whether it will be used for residential, commercial or investment purposes.

Who do I pay stamp duty to?

Stamp duty in Queensland will need to be paid to the Office of State Revenue. Stamp duty is considered a tax, so the money will be used to fund different public sectors, such as transport, health and emergency services and education.

However before you make your payment, you will need to submit all the necessary documents and applications for assessment. These documents will also need to be submitted to the Queensland Office of State Revenue or a registered assessor, like a solicitor.

Once all your documents have been assessed, stamp duty will need to paid within 30 days.

You have four payment options to pay your stamp duty in QLD, they include:

  • Credit card
  • Telephone or internet banking
  • Electronic funds transfer (ETF)
  • Cheque or money order

How is stamp duty calculated in Queensland?

Stamp duty is calculated on the market value of the property, so the more expensive the property, the larger your stamp duty payment will be. But you are able to roughly estimate your duty cost based on number of factors, which include:

  • The property’s value
  • How you plan to use it (for residential or investment purposes)
  • Whether the property is on vacant land
  • Once you plug in your details, our calculator will give you an estimate on your stamp duty amount. And if you are eligible for any stamp duty concessions or exemptions, our calculator will automatically make the necessary deductions towards the total cost. However, it does not take into account any grants.
  • The current rates for stamp duty in Queensland are:
  • Source: Queensland Government Transfer Duty Rates

I’m a first homebuyer, do I still have to pay stamp duty?

If you are a first homebuyer in Queensland, you may be able to claim a stamp duty concession or exemption, however, you will need to meet specific eligibility requirements, which are that you:

  • Have never claimed the first home vacant land concession
  • Have never held a financial interest in residential land anywhere in the world
  • You are buying a new home under $550,000
  • You plan to use the property as your primary residence

The QLD Government has a first home duty rate, which has different tiers depending on how much the property is. In addition to this, there is an extra concession which gets applied. For more information about how this amount is calculated, you can visit the home transfer duty concession rates page.

But to give you an example of how it works, say you were purchasing a property worth $530,000, the concession amount on the first $350,000 would be $3,500. The remaining $180,000 balance would then incur a stamp duty amount of $6,300, making the total home concession amount $9,800.

Now that you have the home concession amount, it is then deducted from the first home concession rate, which for a property valued at $530,000 is $3,500, making your total stamp duty amount $6,300.

In Queensland, there is also the First Home Owners Grant (FHOG) - a government initiative aimed to ease the financial burden for first home buyers. If you are purchasing a property valued at under $750,000, you may receive a grant of $15,000 or $20,000 - depending on your contract date.

Are there any stamp duty exemptions or concessions in QLD for other buyers?

Yes, even if you are not a first homebuyer you are still able to claim on other stamp duty concessions, such as:

  • The home concession - This is a concession geared towards current homeowners, looking to purchase another property, who will receive a lower rate of duty.
  • The first home vacant land concession - This is a concession that can be claimed if you are purchasing a vacant block of land valued between $250,000 and $399,999.

There is also an automatic stamp duty exemption in the following circumstances:

  • A transfer between spouses or partners
  • A transfer between spouses separating or divorcing
  • When buying a mobile or manufactured home
  • A change of tenure

What if I’m a foreign buyer, does stamp duty still apply?

Yes, but foreign buyers planning to purchase a home in QLD will also face an ‘additional foreign acquirer duty’ (AFAD), which is an additional 7% charge of the value of the property. So say you purchased a home worth $700,000, you would have to pay a total of $40,480, compared to a regular first home buyer who would pay $19,480 in stamp duty.

Are there any other fees associated with stamp duty?

Yes, there is also a mortgage registration and transfer fee attached to stamp duty. A mortgage registration fee is the cost to create all the needed documentation and files once you get a home loan, while a transfer fee is the cost to move the property title from the previous owner to the new one.

Can my stamp duty payment ever be refunded?

Yes, there are circumstances in which your stamp duty can be refunded in Queensland. This may involve a decrease on your dutiable transaction after it is submitted for assessment. If this does occur, you will need to lodge the original stamped documents again along with written evidence for reassessment.

You may also receive a refund on your stamp duty if the sale is cancelled, however you will need to submit certain documents, such as a reassessment application for cancelled stamp duty and a completed statutory declaration from each party and a dutiable transaction statement.

Is stamp duty only applicable to Queensland buyers?

No, stamp duty is a nation-wide government charge, but there are differences between each state. If you’d like to find out how stamp duty varies between states, you can check out our state-based stamp duty pages here:

What are the other costs will I need to prepare for when buying a home?

Once you become a homeowner, you’ll find that there are many other expenses that need to be factored into your budget. Some include:

  • Loan establishment fee - This is fee you will pay to have all the documentation and files made up once your home loan is approved.
  • Property valuation fee - This is the cost to cover an expert estimating your property’s worth.
  • Building inspection fee - To ensure that your property meets the building code requirements, you will need to pay an expert to take down your property’s details.
  • Pest inspection fee - A pest inspection will make sure that your home is free from termites and that is hasn’t suffered any previous termite damage.
  • Home Insurance - Depending on your mortgage contract, having home insurance may be a requirement.

Where can I compare home loan interest rates? 

When it comes to purchasing your first home in Queensland, there are some things you can’t avoid, like stamp duty. But the good news is, you can choose who you take out your home loan from and with rates dropping left, right and centre, there’s the potential for massive savings. Our Home Loans Interest page compares interest rates from a range of lenders, helping you find the right option for you