Land Transfer Duty - Victoria

Service summary

You will need to pay this duty on the transfer of land (including buildings). Land transfer duty is based on the market value of the property or the price paid including any GST, whichever is greater.

Exemptions to this duty may apply.

The time period for paying duty is 30 days.

The rates of duty are different depending on when the contract to purchase property is entered into:

  • For contracts entered into on or after 6 May 2008, he rate of duty charged is on a sliding scale down from a top rate of 5.5% for property valued at more than $960,000 to a base rate of 1.4% for properties valued at not more than $25,000.
  • For contracts entered into before 6 May 2008, the rate of duty charged is on a sliding scale down from a top rate of 5.5% for property valued at more than $870,000 to a base rate of 1.4% for properties valued at not more than $20,000.

Please consult the responsible agency for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

Land transfer duty is payable on all land transactions unless you are eligible for an exemption, such as a charitable organisation engaging in commercial activities.

For information regarding exemptions, please consult the Agency and the information on their website.

Duration

Duty is payable on each transaction.

Fees

 TypeDescription
ApplyMiscellaneous

The rate of duty charged is on a sliding scale. Please contact the Agency for further information.

Forms

 Resources
Apply

Land Transfer Duty Forms - Please contact the responsible agency for application forms and registration details.

Application

Apply

The Agency has a variety of payment options available.


Administering agency

Department of Treasury and Finance
State Revenue Office

Act(s) name

Duties Act 2000 (Victoria)

Contact details

General and Tax Enquiries
Department of Treasury and Finance
State Revenue Office


Phone:

13 21 61
sro@sro.vic.gov.au

Supporting information

Disclaimer

The information contained on the Australian Business Licence and Information Service (ABLIS) web site, or via packages or other sources is intended for general guidance only.

To the full extent permitted by law, the Federal, State, Territory and Local Governments make no representations or warranties (expressed or implied) in relation to the information, including its accuracy, currency or completeness.

The business information provided does not constitute professional or legal advice, nor is the use of any third party resource an endorsement of the information contained, the associated organisation, product or service. It is recommended that you obtain appropriate professional and /or independent legal advice to ensure that the material provided here is relevant to your particular circumstances.

To the full extent permitted by law the Federal, State, Territory and Local Governments, their employees and agents do not accept any liability for any reason, including without limitation, liability in negligence, to any person for the general information which is provided herein, or in respect of anything, including the consequences of anything done, or not done, by any such person in whole or partial reliance upon the information.