Stamp duty (officially transfer duty) is a state tax you pay when you buy property in Queensland. First home buyers pay no stamp duty on a brand-new home at any price, and no stamp duty on an established home up to $700,000. Figures checked November 2026.
No duty on established homes up to $700,000 and reduced duty up to $800,000. You need to live in the home.
No duty on a new home, or on vacant land to build your first home, with no price cap. You need to move in and meet the occupancy rules.
A $30,000 grant for buying or building a new home valued under $750,000, including land. It doesn't apply to established homes, and you can usually claim it as well as the duty concession.
Foreign buyers generally pay an additional foreign acquirer duty of 8% on top of standard duty. From 1 August 2026, temporary residents generally can't claim a home concession.
The buyer pays stamp duty. Your conveyancer or solicitor usually lodges and pays it for you, so you need the funds ready by settlement.
Duty is calculated on the price you pay, or the property's market value if that's higher. Queensland also has a lower home concession rate for anyone buying a home to live in, even if it isn't their first.
The concessions for new homes and vacant land have no price cap, so buying or building new can make a big difference to your upfront costs as a first home buyer.
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Duty rises with the price, so it changes your real budget.
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First home concessions, the new home exemption and the $30,000 grant can make a big difference.
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Use our stamp duty calculator for an estimate on a specific price.
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We'll factor duty and other costs into your pre-approval so there are no surprises.
Usually it's paid from your savings. Some lenders will lend enough to cover costs if you have a strong deposit or equity, often with lenders mortgage insurance. We'll tell you what's possible.
Yes, but first home buyers pay no duty on vacant land they'll build their first home on, with no price cap.
Home and first home concessions require you to live in the home. Investors generally pay standard duty.
Queensland Revenue Office publishes current rates and eligibility rules. We check our figures against them, and our calculator uses current rates.
This information is general in nature and is based on Queensland rules as at November 2026. It doesn't take into account your objectives, financial situation or needs. Duty rates, thresholds and eligibility are set by Queensland Revenue Office and can change; check your situation with Queensland Revenue Office or your conveyancer.
We'll include stamp duty, fees and any concessions in your pre-approval plan.
