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The Victorian
Conveyancing Kit

Walk the proven path

built over a 30 year period 

by the legal kit Originators

 

Stamp Duty (now called just "duty")

The biggest extra that homebuyers pay is "duty".

 

The duty payable on a median price home in Melbourne is around 5% of the price ( - a huge burden, and a big disincentive to changing houses, but the State Government confirmed in the 2013 budget that it is heavily reliant on this form of revenue-raising)

 

You can get further detail on this tax from the State Revenue Office website.

(Note: The above link opens in a new window so that the Legal Kits site remains open in the background).

 

 

(We expect to add further information to this page).

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DIY Conveyancing Kit for Victoria