A 50 per cent reduction of duty is available to first-home buyers when they purchase a new or established property in Victoria valued up to $600,000.
You must meet the eligibility requirements of the First Home Owner Grant (FHOG), even though the grant ceased for established homes after 1 July 2013, to receive the duty reduction and possibly other concessions/exemptions for first-home buyers.
Note: eligible pensioners should not complete this task but submit the Pensioner Exemption/Concession Declaration Duties Form 8F.
Gather required information
The following information and supporting documents are needed to complete your Principal Place of Residence (PPR) and Eligible First Home Buyer Duty Reduction Declaration (Duties-Form-61), but please refer to the form for specific instructions:
- Your FHOG user identification number (UIN) or a completed application form,
- Full name of the transferee (the buyer) and date of birth,
- Titles details including copies of transfer of land documentation,
- Company or unit trust details including ABN or ACN (for land use entitlements),
- Goods Statement for Residential Land Form 01 or Goods Statutory Declaration Form 02,
- Copy of the contract of sale, and
- An Off-the-Plan Statutory Declaration Form 4A where applicable
The application form (Duties-Form-61) has explanatory notes and additional information to help you complete it.
For settlements that occurred on or after 1 July 2012, but before 30 June 2013, please use Form 53C.
For settlements that occurred on or after 1 July 2011, but before 30 June 2012, please use Form 53B.
Complete your declaration
The declaration can be completed:
- On screen, printed and signed, or
- Downloaded, printed, completed and signed
Either way, the form must be signed before it is lodged.
If you are completing this notice by hand, please use block letters in blue or black ballpoint pen.
Lodge your declaration
This transaction should be processed through Duties Online. As such, once you have completed your statement you should give it to a lodging agent (usually your financial institution or your solicitor), who will lodge it with your transfer documentation.
If you do not have a lodging agent, please refer to our list of registered Duties Online users to find one that is convenient for you to use.
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 require further information.
If you receive this duty reduction and your circumstances change, resulting in you not being able to meet the residency requirements, you must notify us in writing within 30 days of the change(s) so we can reassess duty.