Stamp Duty on a $1,000,000 Home in Queensland (2026–27)
What you'll pay in transfer duty on a $1,000,000 property in Queensland, for owner-occupiers, first home buyers and investors.
$1,000,000 stamp duty in Queensland by buyer type
| Buyer | Duty | Rate | Notes |
|---|---|---|---|
| Home to live in | $30,850 | 3.08% | Home concession rate. |
| First home (established) | $30,850 | 3.08% | Home concession rate. |
| First home (new) | $0 | 0.00% | First home new home concession – no price cap. |
| Investment | $38,025 | 3.80% | – |
First home buyers
At $1,000,000, first home buyers in Queensland pay the same $30,850 as other owner-occupiers on an established home. There's no first home buyer concession at this price. Buying a new home, they pay $0.
Home concession rate.
How much cash you'll need
With a 20% deposit of $200,000, stamp duty takes the cash you need at settlement to about $230,850 for an owner-occupier, before legal fees, inspections and government registration fees. Duty is usually due at or soon after settlement, and most lenders won't add it to your loan.
How duty changes around $1,000,000 in Queensland
Between $1,000,000 and $1,200,000, duty rises from $30,850 to $42,350. Each extra $1,000 you pay for the property in that range adds about $58 in duty (5.8%), so negotiating $20,000 off the price would save about $1,150 in duty as well.
At $900,000, the same buyer would pay $26,350, $4,500 less.
Stamp duty of $30,850 is 15% of a 20% deposit on this property. Saved at $500 a week, it would take about 1.2 years to put aside the duty alone.
$1,000,000 stamp duty in every state
| State | Owner-occupier | First home buyer (established) |
|---|---|---|
| New South Wales | $39,187 | $39,187 |
| Victoria | $55,000 | $55,000 |
| Queensland | $30,850 | $30,850 |
| Western Australia | $42,616 | $42,616 |
| South Australia | $48,830 | $48,830 |
| Tasmania | $40,185 | $40,185 |
| ACT | $33,958 | $0 |
| Northern Territory | $49,500 | $49,500 |
Other prices in Queensland
$400k · $500k · $600k · $700k · $750k · $800k · $900k · $1.2m · $1.5m · $2m · full QLD table
Transfer duty only, at 2026–27 rates. Excludes foreign buyer surcharges and registration fees. First home buyer figures assume you meet every eligibility rule.
Frequently asked questions
How much is stamp duty on a $1,000,000 house in Queensland?
About $30,850 for an owner-occupier in 2026–27, an effective rate of 3.08%. An investor pays $38,025.
Do first home buyers pay stamp duty on a $1,000,000 home in Queensland?
At $1,000,000, first home buyers in Queensland pay the same $30,850 as other owner-occupiers on an established home. There's no first home buyer concession at this price. Buying a new home, they pay $0.
Which state has the lowest stamp duty on a $1,000,000 home?
Queensland is lowest at $30,850 for an owner-occupier, and Victoria is highest at $55,000.
Last reviewed October 2026. Estimates for general information only, based on 2026–27 rates. Check important figures with the relevant government agency or a licensed professional.