Principal place of residence duty rates
This table shows the rates of duty that apply when you buy a home, which is also referred to as your principal place of residence (PPR).
If you are buying your first home, there are different duty consequences. You may be eligible for an exemption or concession from duty.
|Dutiable value range||Rate|
|$0 - $25,000||1.4 per cent of the dutiable value of the property|
|> $25,000 - $130,000||$350 plus 2.4% of the dutiable value in excess of $25,000|
|> $130,000 - $440,000||$2870 plus 5% of the dutiable value in excess of $130,000|
|> $440,000 - $550,000||$18,370 plus 6% of the dutiable value in excess of $440,000|
|More than $550,000||The principal place of residence concessional rate does not apply. Please refer to the general land transfer duty rates|