Stamp Duty on $1,500,000 in Queensland (2025-26)

Stamp duty on a $1,500,000 property in Queensland is estimated at $66,775. Including transfer and mortgage registration fees, upfront government costs are about $72,989. This page breaks down each amount and shows concession scenarios.

Stamp duty in Queensland

Queensland's transfer duty uses a progressive bracket system with a separate home concession rate for owner-occupiers. The home concession rate is significantly lower than the general rate — on a $600,000 property, the home concession saves over $8,000. Queensland's First Home Owner Grant is $30,000 for new homes, one of the most generous in Australia.

Policy note: Queensland's $30,000 First Home Owner Grant (for new homes up to $750,000) is the highest in Australia. Combined with stamp duty concessions for homes up to $700,000, first home buyers purchasing new builds can save over $40,000 in government costs compared to investors.

Foreign buyer surcharge: Queensland applies an 8% Additional Foreign Acquirer Duty (AFAD) surcharge on foreign buyers (increased from 7% on 1 July 2024).

Stamp duty $66,775.00 QLD transfer duty on $1,500,000

Effective rate 4.45%

Total upfront $72,989.00

Transfer fee $5,982.00

Cost Breakdown

Purchase price	$1,500,000
Stamp duty (QLD)	$66,775.00
Home Concession duty	$59,600.00
Transfer registration fee	$5,982.00
Mortgage registration fee	$232.00
Total upfront government costs	$72,989.00
Effective stamp duty rate	4.45%

First Home Buyer Concession

Standard stamp duty	$66,775.00
First home buyer duty	$59,600.00
FHB saving	$7,175.00

Use our QLD First Home Buyer Calculator to check eligibility and get a detailed breakdown.

Compare Nearby Prices in QLD

Price	Stamp Duty	Effective Rate
$1,300,000	$55,275.00	4.25%
$1,500,000	$66,775.00	4.45%
$1,750,000	$81,150.00	4.64%

Compare $1,500,000 Across States

State	Stamp Duty	Effective Rate
NSW	$64,512.00	4.30%
VIC	$82,500.00	5.50%
QLD	$66,775.00	4.45%
SA	$76,330.00	5.09%
WA	$68,366.00	4.56%
TAS	$62,685.00	4.18%
NT	$74,250.00	4.95%
ACT	$68,100.00	4.54%

Buying in this price range

At $1.3 million to $2 million, stamp duty is a six-figure cost in most states — ranging from $50,000 to over $90,000. Properties at this level include family homes in desirable suburbs, prestige apartments, and investment-grade houses. No first home buyer concessions apply. The ACT's stamp duty abolition pathway means its rates are comparatively lower, while NSW and VIC have the highest absolute duty at this level.

Stamp duty negotiation leverage

At $1.5 million, stamp duty in NSW is approximately $67,000. In negotiations, a $50,000 reduction in purchase price saves both the price difference and reduces stamp duty by approximately $2,000-$3,000. Include stamp duty savings when evaluating counter-offers.

Consider land tax implications

At this price range, investment properties will likely attract annual land tax in addition to stamp duty. Land tax thresholds vary by state — NSW starts at $1,075,000 (land value, not property value). Owner-occupied homes are generally exempt from land tax in all states.

Typical buyers: High-income professionals, executives, families upgrading to premium suburbs, and investors in established residential markets.

Frequently asked questions

How much is stamp duty on a $1,500,000 property in QLD?

Stamp duty on a $1,500,000 property in Queensland is $66,775. This represents an effective stamp duty rate of 4.45% of the purchase price. Including transfer and mortgage registration fees, total upfront government costs are $72,989.

What are the total upfront costs on a $1.5M property in QLD?

For a $1,500,000 property in Queensland, total upfront government costs are approximately $72,989. This includes stamp duty of $66,775, a transfer registration fee of $5,982, and a mortgage registration fee of $232.

Can first home buyers get a stamp duty concession on $1.5M in QLD?

Yes. First home buyers purchasing a $1,500,000 property in Queensland may pay $59,600 in stamp duty, saving $7,175 compared to the standard rate. Eligibility conditions apply — use our QLD First Home Buyer calculator for details.

What is the Home Concession stamp duty on $1.5M in QLD?

The Home Concession stamp duty on a $1,500,000 property in Queensland is $59,600, saving $7,175 compared to the general/investor rate of $66,775.

How is stamp duty calculated in QLD?

Queensland uses a progressive bracket system for stamp duty. The rate increases as the property value rises, similar to income tax brackets. Only the portion of the price within each bracket is taxed at that bracket's rate. Use our interactive QLD Stamp Duty Calculator for a detailed breakdown.

Need a detailed calculation?

Our interactive QLD Stamp Duty Calculator lets you enter any property value and see a full breakdown of duty, fees, and concessions.

First home buyer? Check your eligibility with the QLD First Home Buyer Calculator.