Arro Property specialises in Stamp Duty Assessment services for commercial and residential land and properties in Victoria, including property tax considerations. Our team of expert conveyancers, well-versed in property law, is dedicated to ensuring a seamless transaction process for our clients.
Our service includes liaising with the State Revenue Office to lodge Stamp Duty assessments and manage related dutiable transactions. This ensures the assessment is confirmed and payment can be processed at settlement through the PEXA settlement system.
Stamp Duty Assessment Services
With a wealth of experience spanning decades, Arro Property is experienced at guiding stamp duty assessments in Victoria. Our proficient team of conveyancing lawyers offers legal guidance and services in the following areas:
- Calculation of duty payable according to the Duties Act 2001 for Victoria-based real estate purchases
- Coordinating with real estate agents and valuers to ascertain property market values
- Collaborating with the State Revenue Office to ascertain stamp duty concessions and exemptions
- Advising on grants offered by the State Revenue Office, including:
- Duty reductions for first-time home buyers
- Concessions for off-the-plan purchases
- Principal place of residence duty concessions
- Pensioner duty exemptions and concessions.
Stamp duty rates for property purchases can be calculated on the State Revenue Office of Victoria’s website. Rates apply to both houses and land and are as follows:
| Property Value | Stamp Duty Payable |
| Up to $25,000 | 1.4% of the property value |
| $25,000 to $130,000 | $350 plus 2.4% for every dollar over $25,000 |
| $130,001 to $960,000 | $2,870 plus 6% for every dollar over $130,000 |
| $960,001 and over | 5.5% of total dutiable value |
Entrust your stamp duty matters to the competent team of experienced lawyers at Arro Property. With extensive knowledge, we are proficient in navigating the legal terrain of conveyancing in Victoria and will guide you in the stamp duty assessment process.
Comprehensive Stamp Duty Services from Arro Property
Arro Property offers comprehensive stamp duty services. Our team of experts is well-versed in property law and conveyancing, making stamp duty assessments for land transfer in Victoria smooth and efficient. We provide expert guidance to help navigate the complexities of this process.