REMPMornington Peninsula

Buyer tools

What a Peninsula price really costs

Monthly repayments and Victorian stamp duty, with the concessions applied. Estimates — confirm with your lender and the State Revenue Office.

Repayment calculator

Estimated repayments

$5,818 / month

$1,343 a week · loan $960,000 · LVR 80%

Principal and interest, estimate only. Your lender's rate and fees will differ.

Victorian stamp duty

Estimated transfer duty

$66,000

General rate.

Plus roughly $3,500 in conveyancing, inspections and registration → about $1,269,500 all up.

Estimate based on the SRO general schedule and current concessions. Confirm with the State Revenue Office or your conveyancer.

Stamp duty on the median house, suburb by suburb

General rate (no concessions) on each suburb's indicative median. First home buyers pay nothing up to $600,000.

SuburbMedian houseStamp duty20% depositCash to buy
Rosebud$808,000$43,550$161,600$208,650
Rye$960,000$52,670$192,000$248,170
Mornington$1,200,000$66,000$240,000$309,500
Mount Eliza$1,727,500$95,013$345,500$444,013
Sorrento$1,837,000$101,035$367,400$471,935
Flinders$1,924,175$105,830$384,835$494,165
Portsea$2,860,000$165,900$572,000$741,400

Cash to buy = 20% deposit + duty + about $3,500 in conveyancing, inspections and registration. Medians are indicative.