Pay QLD transfer duty on residential property
QLD transfer duty progressive; foreign acquirer additional duty 8% (from 1 July 2024).
highcurrentevent driven
Who must comply
Purchasers of QLD dutiable property.
What triggers it
Property acquisition / transfer.
When due
Within 30 days of settlement.
Evidence required
Lodged duty documents; settlement records.
Max penalty
Interest + penalty tax
Summary
Duties Act 2001 (Qld). Transfer duty progressive up to 5.75% above $1M. Foreign Acquirer Duty 8% (from 1 July 2024). First home concession + home concession for owner-occupiers.
Enforced by
Source legislation
Topics
taxdutiesstateqldresidential
Related obligations
- VICPay Victorian stamp duty on residential propertyVariable rates by purchase price; foreign purchaser surcharge 8%. PPR concession available.
- QLDPay Queensland land taxQLD land tax applies on aggregated land value above $600K (individuals) / $350K (companies + trusts).
- NSWPay NSW transfer duty on residential property acquisitionsVariable transfer duty rates; foreign purchaser additional duty 9%.
- QLDPay Queensland payroll tax when threshold metQLD: 4.75% rate on Australian wages above the $1.3M tax-free threshold (FY26).
- VICPay Victorian payroll tax when threshold metVIC: 4.85% rate on Australian wages above the $1,000,000 tax-free threshold (from 1 July 2025).
- NSWPay NSW payroll tax when threshold metNSW: 5.45% rate on Australian wages above the $1.2M tax-free threshold (FY26).
Frequently asked questions
- Who must comply with QLD transfer duty on residential property?
- Purchasers of QLD dutiable property.
- What triggers QLD transfer duty on residential property?
- Property acquisition / transfer.
- When is QLD transfer duty on residential property due?
- Within 30 days of settlement.
- What is the maximum penalty for QLD transfer duty on residential property?
- Interest + penalty tax
- What evidence is required for QLD transfer duty on residential property?
- Lodged duty documents; settlement records.
Source: https://qro.qld.gov.au/duties/transfer-duty. Rules Mate is not a law firm. Always verify against the live regulator source before acting.