How much is stamp duty on a $600,000 property in Queensland?

On a $600,000 property in Queensland, standard transfer duty is approximately $19,425. This is calculated as $17,325 base + 4.5% on the amount over $540,000 ($60,000 x 4.5% = $2,700), less the $600 allowance for the first $5,000. First home buyers pay no stamp duty on homes up to $700,000.

Do first home buyers pay stamp duty in Queensland?

First home buyers in Queensland receive a full transfer duty concession on existing homes valued up to $700,000 (paying no duty at all). For existing homes between $700,001 and $800,000, a sliding concession applies. From May 2025, there is no upper price limit for the FHB transfer duty concession on new homes. The $30,000 FHOG for new homes is temporarily boosted and is scheduled to revert to $15,000 after 30 June 2025 unless extended.

How is stamp duty calculated in Queensland?

Queensland transfer duty uses progressive brackets starting at 0% for the first $5,000, then 1.5% up to $75,000, 3.5% up to $540,000, 4.5% up to $1,000,000, and 5.75% above $1,000,000. The first $5,000 of any property is duty-free.

How much is stamp duty on a $600,000 property in Queensland?

On a $600,000 property in Queensland, standard transfer duty is approximately $19,425. This is calculated as $17,325 base + 4.5% on the amount over $540,000 ($60,000 x 4.5% = $2,700), less the $600 allowance for the first $5,000. First home buyers pay no stamp duty on homes up to $700,000.

Do first home buyers pay stamp duty in Queensland?

First home buyers in Queensland receive a full transfer duty concession on existing homes valued up to $700,000 (paying no duty at all). For existing homes between $700,001 and $800,000, a sliding concession applies. From May 2025, there is no upper price limit for the FHB transfer duty concession on new homes. The $30,000 FHOG for new homes is temporarily boosted and is scheduled to revert to $15,000 after 30 June 2025 unless extended.

How is stamp duty calculated in Queensland?

Queensland transfer duty uses progressive brackets starting at 0% for the first $5,000, then 1.5% up to $75,000, 3.5% up to $540,000, 4.5% up to $1,000,000, and 5.75% above $1,000,000. The first $5,000 of any property is duty-free.

Stamp Duty in Queensland (QLD) — Rates & Exemptions 2026

Queensland stamp duty rates, brackets, and first home buyer concessions for 2026. Full concession up to $700,000 plus $30,000 FHOG for new homes. Calculate QLD transfer duty.

Definition

Queensland Stamp Duty

Stamp duty (transfer duty) in Queensland is a state government tax paid when you purchase property. Queensland also offers the First Home Owner Grant of $30,000 for new homes up to $750,000 (note: the $30,000 amount is temporarily boosted and is scheduled to revert to $15,000 after 30 June 2025 unless extended). From May 2025, there is no upper price limit for the first home buyer transfer duty concession on new homes in QLD.

Quick Facts

FHB Exemption	Full concession for existing homes up to $700,000; concession between $700,001 and $800,000. For new homes, no upper price limit applies from May 2025
FHB Threshold	$700,000 (full concession, existing homes), $800,000 (partial). No cap for new homes from May 2025
Foreign Surcharge	8% additional duty for foreign buyers
Key Notes	Queensland also offers the First Home Owner Grant of $30,000 for new homes up to $750,000 (note: the $30,000 amount is temporarily boosted and is scheduled to revert to $15,000 after 30 June 2025 unless extended). From May 2025, there is no upper price limit for the first home buyer transfer duty concession on new homes in QLD.

QLD Stamp Duty Rate Brackets

The following table shows the current stamp duty brackets for property purchases in Queensland.

Property Value	Rate / Duty
$0 — $5,000	0%
$5,001 — $75,000	1.5%
$75,001 — $540,000	$1,050 + 3.5% over $75,000
$540,001 — $1,000,000	$17,325 + 4.5% over $540,000
Over $1,000,001	$38,025 + 5.75% over $1,000,000

First Home Buyer Concessions

Full concession for existing homes up to $700,000; concession between $700,001 and $800,000. For new homes, no upper price limit applies from May 2025

The threshold for first home buyer stamp duty concessions in Queensland is: $700,000 (full concession, existing homes), $800,000 (partial). No cap for new homes from May 2025. Check with your state revenue office for the latest eligibility criteria and application process.

Foreign Buyer Surcharge

8% additional duty for foreign buyers. This surcharge is applied in addition to the standard stamp duty rates shown above. Foreign buyers should factor this additional cost into their purchasing budget.

Tip: Use our Stamp Duty Calculator to get an instant estimate of your stamp duty in Queensland, including first home buyer concessions and foreign buyer surcharges.

Frequently Asked Questions — QLD Stamp Duty

Stamp Duty in Other States

NSW— New VIC— Victoria WA— Western SA— South TAS— Tasmania ACT— Australian NT— Northern

Read the full guide: Stamp Duty Exemptions for First Home Buyers

Related Resources

Stamp Duty Calculator — Calculate your stamp duty including first home buyer concessions.
Stamp Duty Exemptions for First Home Buyers — State-by-state breakdown of available exemptions and concessions.
First Home Owner Grant Queensland — Learn about the FHOG and other grants in QLD.
Borrowing Capacity Calculator — Estimate how much you can borrow based on your income and expenses.

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Last updated: March 2026. Verify all figures with your state or territory revenue office before making financial decisions.