Stamp duty on a $1,000,000 house in QLD
Queensland · transfer duty
Transfer duty on a $1,000,000 property in Queensland at the standard rate. Verified 16 July 2026, source: Queensland Revenue Office.
Owner-occupier (home concession): $30,850 · First home buyer: $30,850
A $1,000,000 value falls in the $540,001 to $1,000,000 band, where duty is $17,325 + $4.50 per $100 over $540,000 — $38,025 in total.
Stamp duty calculator
QLD- Standard (general) duty
- $38,025
- Home concession (you live in the home)
- $30,850
QLD figures from Queensland Revenue Office. Estimate only — your conveyancer and the revenue office confirm the exact duty. Full breakdown for $1,000,000 in QLD →
What a first home buyer or owner-occupier pays
Established first home: home-concession duty $30,850 less the $0 first-home concession. Phases out at $800,000. First home buyer duty in QLD →
Deposit, loan and repayments at $1,000,000
| Deposit | Deposit amount | Loan | Approx. monthly | Indicative LMI |
|---|---|---|---|---|
| 20% (no LMI) | $200,000 | $800,000 | $4,796.40 | $0 |
| 10% | $100,000 | $900,000 | $5,395.95 | $18,900 |
Repayments assume 6% p.a. over 30 years; LMI is an indicative estimate. Adjust the rate and term →
The same price in other states
| State | Duty on $1,000,000 | |
|---|---|---|
| Queensland | $38,025 | |
| New South Wales | $39,187 | view |
| Victoria | $55,000 | view |
| Western Australia | $42,615.50 | view |
Compare all eight states side by side →
QLD transfer duty schedule
| Dutiable value | Duty payable |
|---|---|
| Up to $5,000 | Nil |
| $5,001 to $75,000 | $1.50 per $100 over $5,000 |
| $75,001 to $540,000 | $1,050 + $3.50 per $100 over $75,000 |
| $540,001 to $1,000,000 | $17,325 + $4.50 per $100 over $540,000 |
| Over $1,000,000 | $38,025 + $5.75 per $100 over $1,000,000 |
Nearby prices in QLD
Common questions
- How much is stamp duty on a $1,000,000 property in Queensland?
- Transfer duty is $38,025 at the QLD general rate for a $1,000,000 property, calculated from the Queensland Revenue Office schedule. An owner-occupier who lives in the home pays $30,850. As a first home buyer, a concession brings this down to about $30,850.
- Is stamp duty paid on top of the purchase price?
- Yes. The $38,025 duty is separate from the $1,000,000 price and is normally paid at settlement. On a 20% deposit of $200,000, budget for the duty as an additional upfront cost.
- What deposit and loan do I need for a $1,000,000 home?
- A 20% deposit is $200,000, leaving a $800,000 loan (about $4,796.40 a month at 6% over 30 years, no LMI). With a 10% deposit of $100,000 the loan is $900,000 and indicative LMI is around $18,900.
- Do foreign buyers pay extra duty in Queensland?
- Foreign purchasers usually pay an additional surcharge on top of transfer duty. It is charged separately from the $38,025 owner-occupier figure — confirm the current surcharge rate with Queensland Revenue Office.