This page shows the historical rates of land transfer duty that apply when you buy a home, which is also referred to as your principal place of residence (PPR).
For contracts entered into between 1 January 2007 and 5 May 2008
These rates apply to the purchase of dutiable property that is also a principal place of residence under contracts entered into from 1 January 2007 to 5 May 2008.
Dutiable value range | Rate |
---|---|
$0 - $20,000 |
1.4% of the dutiable value |
> $20,000 - $115,000 |
$280 plus 2.4% of the dutiable value in excess of $20,000 |
> $115,000 - $400,000 |
$2,560 plus 5% of the dutiable value in excess of $115,000 |
> $400,000 - $500,000 |
$16,810 plus 6% of the dutiable value in excess of $400,000 |
> $500,000 - $870,000 |
$25,660 plus 6% of the dutiable value in excess of $500,000 |
> $870,000 |
5.5% of the dutiable value |