A principal place of residence (PPR) duty concession is available when you buy a new or established property, valued up to $550,000, and intend to move in 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 must satisfy these eligibility requirements. However, 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, however, is not available if you obtained your property for a heavily discounted price or as a gift.
Your settlement date will determine which declaration you should lodge to claim a PPR concession.
- For settlements that occurred on or after 1 July 2013, use the Principal Place of Residence (PPR) Concession Declaration Duties (Form-53D)
- For settlements that occurred on or after 1 July 2012 but before 1 July 2013, use Form-53C
- For settlements that occurred before 1 July 2012, contact us on 13 21 61
Gather required information
The following information and supporting documents are required to complete your declaration, but refer to the form for specific instructions:
- Titles details including transfer of land documentation,
- Company or unit trust 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
Complete your declaration
- 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 the PPR concession 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.