The application for a principal place of residence duty concession is now via a digital duties form except for the purposes of a refund.
A principal place of residence (PPR) duty concession is available when you buy a new or established property valued up to $550,000, which you intend to move into within 12 months of your settlement date and live there as your primary home for at least a year.
Where there are two or more buyers, at least one buyer must satisfy these eligibility requirements although it is not necessary for the same buyer to occupy the home for the whole 12 months.
You can apply, depending on your relevant eligibility, for the:
- PPR concession only,
- PPR concession in combination with the first-home buyer duty reduction, or
- Pensioner exemption/concession, which incorporates the PPR concession.
The PPR concession is not available if you obtained your property for a heavily discounted price or as a gift.
To claim a PPR concession lodge a digital duties form.
Gather required information
The following information and supporting documents are required to complete your form:
- Titles details including transfer of land documentation,
- Company or unit trust including ABN or ACN for land use entitlements,
- Copy of the contract of sale.
Complete your form
The digital duties form can be completed on screen. If you are a registered user of Duties Online you can create a form under the ‘Create’ tab in the system.
Members of the public who are not using a DOL registered user (usually a solicitor or conveyancer) and wish to lodge electronically as an individual can do so after a simple registration process. You can electronically lodge scanned documents for a land transfer of declaration of trust via our website after you register with us.
We will contact you if we need more information.
If you receive the PPR concession and your circumstances change so that you no longer meet the residency requirements, you must notify us in writing within 30 days of the change(s) so we can reassess duty.