Land Transfer Duty (formerly Stamp Duty) is the most common land
tax that most Victorians pay or are aware of.
As part of our Property Taxes in Victoria series we provide
a detailed overview of the most common property duties and land
taxes. Please note that tax laws, thresholds and tax rates are
subject to annual revisions, so check the relevant government
website for the latest information.
Landholder duty is a newer tax introduced in 2012, replacing the
former "land rich" duty model. Tax is imposed when a
person acquires a significant interest in an entity that holds
Victorian land over the threshold amount of $1 million.
What it is Land Transfer Duty
Land transfer duty is a state tax paid by the purchaser when
they acquire land or real property in Victoria. Whenever you buy a
house, land, or investment property (or even acquire it by gift or
through certain trust or company transactions), you must pay land
transfer duty on the transaction.
