Queensland

Stamp Duty - General Rate (from 1 August 2011)

Dutiable Value Duty Threshold
Up to $5,000  Nil
$5,000 to $105,000  $1.50 for each $100, or part of $100, by which the dutiable value is more than $5,000
$105,000  to $480,000 $1,500 plus $3.50 for each $100, or part of $100, by which the dutiable value is more than $105,000 
$480,000 to $980,000  $14,625 plus $4.50 for each $100, or part of $100, by which the dutiable value is more than $480,000
More than $980,000  $37,125 plus $5.25 for each $100, or part of $100, by which the dutiable value is more than $980,000

Stamp Duty - General Rate (from 1 July 2008 to 31 July 2011)

Dutiable Value Duty Threshold
Up to $5,000  Nil
$5,000 to $75,000  $1.50 for each $100, or part of $100, by which the dutiable value is more than $5,000
$75,000 to $540,000 $1,050 plus $3.50 for each $100, or part of $100, by which the dutiable value is more than $75,000
$540,000 to $980,000  $17,325 plus $4.50 for each $100, or part of $100, by which the dutiable value is more than $540,000
More than $980,000  $37,125 plus $5.25 for each $100, or part of $100, by which the dutiable value is more than $980,000

Stamp Duty - Home Concession Rates (the home concession will no longer be available from 1 August 2011)

Dutiable Value Duty Threshold
Up to $350,000 $1.00 for each $100 or part of $100
$350,001 to $540,000 $3,500 + $3.50 for every $100 or part of $100 over $350,000
$540,001 to $980,000 $10,150 + $4.50 for every $100 or part of $100 over $540,000
More than $980,000 $29,950 + $5.25 for every $100 or part of $100 over $980,000

Stamp Duty - First Home Concession Rate (After 1 August 2011)

Dutiable Value Duty Threshold
Not more than $509,999.99 $15,525
$510,000 to $519,999.99 $13,925
$520,000 to $529,999.99 $12,325
$530,000 to $539,999.99 $10,725
$540,000 to $549,999.99 $9,125
$550,000 to $559,999.99 $7,550
$560,000 to $569,999.99 $6,000
$570,000 to $579,999.99 $4,500
$580,000 to $589,999.99 $3,000
$590,000 to $599,999.99 $1,500
$600,000 or more Nil

Stamp Duty - First Home Concession Rate (from 1 July 2008 to 31 July 2011)

Dutiable Value Duty Threshold
Not more than $504,999.99 $8,750
$505,000 to $509,999.99 $7,875
$510,000 to $514,999.99 $7,000
$515,000 to $519,999.99 $6,125
$520,000 to $524,999.99 $5,250
$525,000 to $529,999.99 $4,375
$530,000 to $534,999.99 $3,500
$535,000 to $539,999.99 $2,625
$540,000 to $544,999.99 $1,750
$545,000 to $549,999.99 $875
$550,000 or more Nil

Stamp Duty - First Home Vacant Land Concession rate (After 1 August 2011)

Dutiable Value Duty Threshold
Not more than $259,999.99 $6,575
$260,000–$269,999.99 $6,125
$270,000–$279,999.99 $5,675
$280,000–$289,999.99 $5,225
$290,000–$299,999.99 $4,775
$300,000–$309,999.99 $4,325
$310,000–$319,999.99 $3,875
$320,000–$329,999.99 $3,425
$330,000–$339,999.99 $2,975
$340,000–$349,999.99 $2,550
$350,000–$359,999.99 $2,125
$360,000–$369,999.99 $1,700
$370,000–$379,999.99 $1,275
$380,000–$389,999.99 $850
$390,000–$399,999.99 $425
$400,000 or more Nil

Stamp Duty - First Home Vacant Land Concession rate (from 1 July 2008 to 31 July 2011)

Dutiable Value Duty Threshold
Up to $250,000 100 % of transfer duty
$250,000 to $259,999.99 $7,175
$260,000 to $269,999.99 $6,700
$270,000 to $279,999.99 $6,225
$280,000 to $289,999.99 $5,750
$290,000 to $299,999.99 $5,275
$300,000 to $309,999.99 $4,800
$310,000 to $319,999.99 $4,325
$320,000 to $329,999.99 $3,850
$330,000 to $339,999.99 $3,375
$340,000 to $349,999.99 $2,900
$350,000 to $359,999.99 $2,425
$360,000 to $369,999.99 $1,950
$370,000 to $379,999.99 $1,475
$380,000 to $389,999.99 $1,000
$390,000 to $399,999.99 $525
$400,000 or more No concession

Mortgage Registration Fee: $127.90

Land Transfer Fee: 127.90 + additional fee for lodging a transfer if the consideration is more than $180,000 - $27 for each $10,000 or part of $10,000 more than $180,000

First Home Owner Grant:
The $7,000 first home owner grant was created to help first home buyer. The $750,000 cap applies to all transactions where the commencement date is on or after 31 March 2010. The Regional First Home Owner Grant (RFHOG) of $4,000 is abolished after 1 July 2011.

Building Boost Grant:
A new $10,000 Queensland Building Boost Grant is introduced for a person or corporation buying or building a new home in Queensland for a value less than $600,000 and will be available from 1 August 2011 to 31 January 2012

Note: The information provided by the calculator is intended to provide illustrative examples based on stated assumptions and your inputs. Calculations are meant as estimates only and it is advised that you consult with a mortgage broker about your specific circumstances.
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