Queensland Stamp Duty 2026: Rates, Home Concession & FHB Rules
QLD transfer duty explained: general rate, home concession rate, $0 duty for first home buyers on new homes, and the $700k established-home concession. Worked examples from $450k to $1.2M.
Queensland is one of the cheapest mainland states for transfer duty, and it has become even cheaper for first home buyers. Since May 2025, a first home buyer purchasing a brand-new home pays no transfer duty at all, at any price. Owner-occupiers who don't qualify as first home buyers still get a meaningful discount through the home concession rate.
Queensland runs three separate rate scales: the general rate (investors), the home concession rate (owner-occupiers), and the first home concession. Which one applies changes your bill by up to $20,000 on a typical Brisbane purchase.
General rate (investors and non-residents)
| Dutiable value | Duty payable |
|---|---|
| $0 – $5,000 | Nil |
| $5,001 – $75,000 | $1.50 per $100 over $5,000 |
| $75,001 – $540,000 | $1,050 + $3.50 per $100 over $75,000 |
| $540,001 – $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 |
Home concession rate (owner-occupiers)
If you will live in the property as your home, and move in within one year of settlement, the home concession rate applies. You must not rent it out or sell it before you move in.
| Dutiable value | Duty payable |
|---|---|
| $0 – $350,000 | $1.00 per $100 |
| $350,001 – $540,000 | $3,500 + $3.50 per $100 over $350,000 |
| $540,001 – $1,000,000 | $10,150 + $4.50 per $100 over $540,000 |
| Over $1,000,000 | $30,850 + $5.75 per $100 over $1,000,000 |
First home buyers: two different rules
New homes and vacant land: no duty
For contracts signed on or after 1 May 2025, eligible first home buyers pay no transfer duty on a newly built home, an off-the-plan home, or vacant land they will build their first home on. There is no price cap. This is the most generous first home duty rule in the country.
Established homes: full concession up to $700,000
Buying an existing home, the first home concession wipes out duty entirely up to $700,000 and then phases out between $700,000 and $800,000. Above $800,000 you fall back to the home concession rate.
Queensland also pays a cash First Home Owner Grant on new homes valued under $750,000. It was boosted to $30,000 in late 2023, and the boost has been extended more than once, so check the current amount with the Queensland Revenue Office before you count on it. Our FHB grants guide covers how it stacks with the federal schemes.
Worked examples
$450,000 unit
Typical of units in postcodes like 4103 Annerley or houses in 4114 Woodridge.
$600,000 house
Middle and outer-ring house territory, for example 4300 Springfield or 4207 Beenleigh.
$750,000 house
$1,200,000 inner-ring house
Inner-ring Brisbane, for example 4151 Coorparoo or 4064 Paddington.
If that $1.2M purchase were a brand-new home bought by an eligible first home buyer, the duty would be $0. That is a $42,350 incentive to buy new rather than established.
Foreign buyer additional duty
Foreign buyers pay Additional Foreign Acquirer Duty (AFAD) of 8% of the dutiable value, on top of the general rate. Queensland also charges a land tax surcharge on foreign-owned land.
What it means for investors
- Investors always pay the general rate. There is no investor concession, so budget for the general table.
- Duty is not deductible upfront. It forms part of your cost base and reduces capital gains tax when you sell. See our CGT guide.
- Owner-occupy first, rent later. If you move in for the required period and later rent it out, you keep the home concession. Renting it out before you move in triggers a clawback.
See the numbers for any Queensland postcode
Every PropPulse postcode report includes estimated stamp duty for the median-priced property, FHB eligibility and the Investment Score. Start with our Brisbane rankings, browse the QLD suburb directory, or get a free report.