For a $500,000 property in Queensland, the standard 2026 transfer duty is $8,750. Eligible first home buyers pay $0, a saving of $8,750.
First home buyer exemption status
QLD first home buyer rules in 2026:
Full first home buyer exemption to $700,000, then a reduced rate to $800,000. New builds have no price cap.
Breakdown by buyer type (at $500,000)
| Standard buyer (non first home buyer) | $8,750 |
|---|---|
| First home buyer, established home | $0 (save $8,750) |
| First home buyer, new build | $0 (save $8,750) |
$500,000 stamp duty by state
| State | Standard | FHB (established) | FHB (new build) |
|---|---|---|---|
| NSW | $16,687 | $0 | $0 |
| VIC | $21,970 | $0 | $0 |
| QLD | $8,750 | $0 | $0 |
| WA | $17,765 | $0 | $0 |
| SA | $21,330 | $21,330 | $0 |
| TAS | $18,248 | $18,248 | $18,248 |
| ACT | $8,408 | $0 | $0 |
| NT | $23,929 | $23,929 | $0 |
Calculated from 2026 (FY2026-27) state revenue tiered formulas. Excludes the foreign-buyer surcharge and absentee-owner levies. For an interactive calculator with all options, use the stamp duty calculator.
FAQs: stamp duty on $500,000 in QLD
How much is stamp duty on a $500,000 property in Queensland in 2026?
For a $500,000 property in Queensland, the standard transfer duty in 2026 is $8,750. Eligible first home buyers pay $0 (full exemption). Full first home buyer exemption to $700,000, then a reduced rate to $800,000. New builds have no price cap.
Do I pay stamp duty in Queensland as a first home buyer?
For a $500,000 property, no, you qualify for the full exemption. Full first home buyer exemption to $700,000, then a reduced rate to $800,000. New builds have no price cap. QLD new builds have no stamp duty at all since 1 May 2025, so if your purchase is a new build you pay $0 regardless of price.
When is stamp duty paid on a $500,000 Queensland purchase?
Stamp duty in Queensland is generally payable at or shortly after settlement. Your conveyancer or solicitor arranges the payment from your settlement funds, so you do not need to transfer it separately, but you do need to budget for it alongside your deposit.
Can I add stamp duty to my home loan?
Stamp duty is not typically rolled into the loan amount. It sits alongside your deposit as part of your cash-to-close. For a $500,000 property in Queensland, the standard stamp duty of $8,750 would need to be paid from cash savings, a gift, or in some cases a separate personal loan. First home buyer exemptions remove this requirement at lower price points.