Stamp Duty Fees in Queensland | Bundaberg 4670 Region

Stamp duty, officially known as transfer duty in Queensland, is a one-off government fee payable when buying or transferring property.

For residents in Bundaberg and the 4670 region, understanding stamp duty rates, concessions, and exemptions can help plan a smarter property purchase.

This guide provides a complete overview of stamp duty in Queensland, including current rates, exemptions, and how they apply to the Bundaberg area.

 

What Is Stamp Duty?

✔️ Stamp duty is a tax charged by the Queensland Government on property transactions.

✔️ It applies to residential, commercial, investment properties, and vacant land purchases.

✔️ The amount payable is based on the purchase price or market value—whichever is higher.

 

Stamp Duty Rates in Queensland

Stamp duty in Queensland is tiered, meaning the percentage increases as the property value rises.

Here’s the current breakdown:

✔️ Up to $5,000 – No stamp duty payable.

✔️ $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.

📌 Example Calculation:

If you purchase a Bundaberg property for $400,000, the stamp duty would be:

✔️ $1,050 (for the first $75,000)

✔️ $11,375 ($3.50 for every $100 on the remaining $325,000)

✔️ Total Stamp Duty: $12,425

 

Stamp Duty Concessions & Exemptions

Queensland offers several concessions to reduce stamp duty for eligible buyers:

🏡 First Home Buyers – From May 2025, first home buyers purchasing a new home or vacant land to build may qualify for a full transfer duty concession, reducing the duty to nil.

🏡 Home Concession – If purchasing a home to live in (not an investment), you may qualify for a reduced rate.

🏡 First Home Vacant Land Concession – Available to first-time buyers purchasing land to build their first home.

📌 Always consult a solicitor or conveyancer to determine eligibility.

 

How to Calculate Stamp Duty?

✔️ The Queensland Revenue Office provides an online transfer duty estimator to help buyers calculate the exact stamp duty payable.

✔️ This tool is especially useful for Bundaberg and 4670 buyers looking to plan ahead financially before finalizing their property purchase.

 

When Is Stamp Duty Payable?

✔️ Stamp duty must be paid before the property transaction is finalized.

✔️ Typically, your solicitor or conveyancer will handle payment on your behalf.

✔️ Delays in payment may result in additional interest and fees, so settle the duty promptly.

 

Why Is Stamp Duty Important?

✔️ Stamp duty funds vital public services such as healthcare, education, and infrastructure in Queensland.

✔️ Understanding stamp duty rates and concessions can help buyers save thousands when purchasing property.

 

Conclusion – Plan Your Property Purchase Wisely

✔️ Stamp duty is a mandatory cost when buying property in Queensland, including Bundaberg and the 4670 region.

✔️ By understanding the rates, exemptions, and payment process, buyers can better prepare financially.

✔️ Use the online estimator or consult with a professional to ensure you meet all legal obligations.

 

Scott Wade – Your Trusted Local Real Estate Expert

Looking to buy property in Bundaberg or Bargara? Scott Wade is the expert you need!

✔️ Nearly 20 years of experience in the Bundaberg region.

✔️ Specialist in connecting buyers with properties suited to their lifestyle & investment goals.

📞 Call Scott today at 0406 513 647 for a free, no-obligation chat or home appraisal.

 

Explore More Real Estate Insights for Bundaberg & Bargara

Stay informed with expert guides on buying, selling, market trends, and local insights to help you navigate the property market with confidence.

 

Selling Guides

 

Legal & Financial Insights

Community & Lifestyle

Market Trends & Support

Your property journey starts here

We've helped more than 1,200 local families.