Land Transfer Duty - Victoria

Description

You will need to pay land transfer duty if you buy property in Victoria. The amount payable depends on:

  • the value and purpose of the property
  • whether you are a foreign purchaser
  • whether any exemptions or concessions apply.

Land transfer duty is based on the greater value of either of the following at the point of entering the contract for sale:

  • the market value of the property
  • the price paid (including GST).

Please consult the responsible agency for more information and to ascertain the level of compliance (if any) that may be required.

Service type

Licence

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

Duration

You must pay duty within thirty days of settlement or a penalty will be applied.

Fees

Fees Details for this service in table format.

Task Type Business Structure Description
Apply Miscellaneous All

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

Forms

Task Business Structure Resources
Apply All Complete a Digital Duties Form (Opens in new window)

Act(s) name

Duties Act 2000 VIC

Application process

Apply

The Agency has a variety of payment options available.

Lodgement process

Apply

It is common that your solicitor, conveyancer or bank will organise and pay for the duty on your behalf. Request a duty statement to confirm whether this has been done.

Administering agency

Department of Treasury and Finance

State Revenue Office

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

General and Tax Enquiries

State Revenue Office

Department of Treasury and Finance

Operating address: Level 2, 121 Exhibition Street
Melbourne
Victoria 3000
Mailing address: GPO BOX 1641
Melbourne, Victoria 3001
Phone: 13 21 61
Email: contactsro@sro.vic.gov.au
Website: State Revenue Office (Opens in new window)