Home concession eligibility tester

Note: This eligibility tester only applies to contracts or transfers dated before 1 August 2011.

You may be able to claim a transfer duty concession if you are acquiring a home or vacant land on which you intend to build your first home. Companies cannot claim the home, first home and vacant land concessions.

Are you a first home owner? Note that because the concessions are calculated on the value of the property, you will not receive the benefit of:

  • the first home vacant land concession if the value of the vacant land is $400,000 or more
  • the first home concession if the value of the residential land is $550,000 or more (the home concession rate still applies).

Use the decision tree below to determine if you are eligible for the home/first home or the first home vacant land transfer duty concessions.

Note: This eligibility tester is designed to help you determine if you are eligible for a concession; however, it does not replace the formal application and assessment process.

Begin at question 1

Question 1

You are acquiring an interest in the property as…

Question 2

The property is…

Question 3

Will you occupy the home as your principal place of residence?

  • Yes

    Go to question 4

  • No

    You are only eligible for a transfer duty concession on land used as your principal place of residence.

    Go to message 43

Question 4

Do you intend to move in within 1 year of purchase?

Question 5

Will you use any part of the home or surrounding land for a non-residential purpose?

Question 6

Have you ever held an interest in residential land anywhere in the world?

Note: This does not include as trustee for another person, a security interest, or as a lessee.

Question 7

Have you ever held an interest in residential land anywhere in the world?

Note: This does not include as trustee for another person, a security interest, or as a lessee.

Question 8

Have you ever received a first home vacant land concession before?

Question 9

Have you ever received a first home vacant land concession before?

Question 10

Are you under 18 years of age?

Question 11

Are you under 18 years of age?

Question 12

Are you purchasing the home with other individuals?

  • Yes

    Each eligible person acquiring an interest in the property must apply separately for the concession.

    Transfer duty will be calculated on the collective claims of the individuals. The full rate of duty will apply to the interest of any person who is not claiming a concession.

    Note: Only 1 liability amount will result from any assessment. We cannot provide a separate liability for each individual’s interest.

    Go to message 44

  • No

    Go to message 44

Question 13

Are you purchasing the home with other individuals?

  • Yes

    Each eligible person acquiring an interest in the property must apply separately for the concession.

    Transfer duty will be calculated on the collective claims of the individuals. The full rate of duty will apply to the interest of any person who is not claiming a concession.

    Note: Only 1 liability amount will result from any assessment. We cannot provide a separate liability for each individual’s interest.

    Go to message 53

  • No

    Go to message 53

Question 14

 Are you purchasing the home with other individuals?

  • Yes

    Each eligible person acquiring an interest in the property must apply separately for the concession.

    Transfer duty will be calculated on the collective claims of the individuals. The full rate of duty will apply to the interest of any person who is not claiming a concession.

    Note: Only 1 liability amount will result from any assessment. We cannot provide a separate liability for each individual’s interest.

    Go to message 46

  • No

    Go to message 46

Question 15

Are you purchasing the home with other individuals?

  • Yes

    Each eligible person acquiring an interest in the property must apply separately for the concession.

    Transfer duty will be calculated on the collective claims of the individuals. The full rate of duty will apply to the interest of any person who is not claiming a concession.

    Note: Only 1 liability amount will result from any assessment. We cannot provide a separate liability for each individual’s interest.

     

    Go to message 48

  • No

    Go to message 48

Question 16

The property is...

Question 17

Is the trust acquiring the home a discretionary or unit trust?

Question 18

Are the beneficiaries of the trust all under a legal disability?

Question 19

Will all the beneficiaries occupy the home as their principal place of residence, as if they were the transferees or lessees of the land?

Question 20

Have any of the beneficiaries ever held an interest in residential land anywhere in the world?

Note: This does not include as trustee for another person, a security interest, or as a lessee.

Question 21

Have any of the beneficiaries ever received a first home vacant land concession before?

Question 22

Will all the beneficiaries move in within 1 year of the transfer date?

Question 23

Will all the beneficiaries move in within one year of the transfer date?

Question 24

Will any part of the home or surrounding land be used for a non-residential purpose?

Question 25

Will any part of the home or surrounding land be used for a non-residential purpose?

Question 26

Is the trust acquiring the land a discretionary or unit trust?

Question 27

Are all the beneficiaries of the trust under a legal disability?

Question 28

Once constructed, will all the beneficiaries occupy the home as their principal place of residence as if they were the transferees or lessees of the land?

Question 29

Have any of the beneficiaries ever held an interest in residential land anywhere in the world?

Note: This does not include as trustee for another person, a security interest, or as a lessee.

Question 30

Have any of the beneficiaries previously received the first home vacant land concession?

Question 31

Was there a building or part of a building on the land when it was acquired?

Question 32

 Will only 1 residence be constructed on the land?

Question 33

Will all the beneficiaries occupy the residence within 2 years of purchase?

Question 34

 Have you previously received the first home vacant land concession?

Question 35

Have you ever held an interest in residential land anywhere in the world?

Note: This does not include as trustee for another person, a security interest, or as a lessee.

Question 36

Was there a building or part of a building on the land when it was acquired?

Question 37

 Will you construct only 1 residence on the vacant land?

Question 38

 Will the residence constructed on the vacant land be your first home?

Question 39

Do you intend to build and move into your home within 2 years of purchase?

Question 40

 Are you under 18 years of age?

Question 41

 Are you purchasing the land with other individuals?

  • Yes

    Each eligible person acquiring an interest in the property must apply separately for the concession.

    Transfer duty will be calculated on the collective claims of the individuals. The full rate of duty will apply to the interest of any person who is not claiming a concession.

    Note: Only 1 liability amount will result from any assessment. We cannot provide a separate liability for each individual’s interest.

     

    Go to message 50

  • No

    Go to message 50

Message 42

Based on the information you provided, you are not eligible for the full concession. 

If you dispose of the property:

  • before moving in—you cannot claim any part of the concession
  • after moving in—you can only claim a partial concession. The concession amount will depend on the number of days that you lived in the property. 

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

 

Message 43

Based on the information you provided, you are not eligible for the concession as you do not meet the residency requirements.

Our transfer duty calculator can help you determine the amount you will pay.

Message 44

Based on the information you provided, you can claim a home concession on the part of the land that you will use for residential purposes.  Land used for other purposes is assessed at the full rate of duty. 

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.  


 

Message 45

Based on the information you provided, you are not eligible for either the home or first home concessions. Transfer duty will be assessed at the full rate.

Our transfer duty calculator can help you determine the amount you will pay.

 

Message 46

Based on the information you provided, you are eligible for a home concession.

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

 Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information. 

Message 47

Based on the information you provided, you must apply to us so we can determine if you are eligible for a concession.

Minors can only claim a concession if we are satisfied that the transaction is not part of a scheme to avoid transfer duty.

Complete a  to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.


Message 48

Based on the information you provided, you are eligible for the first home concession.

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information. 


 

Message 49

Based on the information you provided, you are not eligible for the first home vacant land concession. Transfer duty will be assessed at the full rate.

Our transfer duty calculator can help you determine the amount you will pay.

Message 50

Based on the information you provided, you are eligible for the first home vacant land concession.

Complete a Form 2.7—Claim for transfer duty concession first home vacant land (PDF 585 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the constructed home as your principal residence within 2 years
          of the transfer or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○  within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.

Message 51

Based on the information you have provided, you must apply to us so we can determine if you are eligible for a concession.

Minors can only claim a concession if we are satisfied that the transaction is not part of a scheme to avoid transfer duty.

Complete a Form 2.7—Claim for transfer duty concession first home vacant land (PDF 585 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the constructed home as your principal residence within 2 years
          of the transfer or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○  within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.

Message 52

Based on the information you provided, you can only claim a partial home concession.

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.

Message 53

Based on the information you provided, you are eligible for a first home concession on the part of the land that you will use for residential purposes. Land used for other purposes is assessed at the full rate. 

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.

Message 54

Based on the information you provided, you can only claim a partial first home concession.

Complete a Form 2.1—Claim for home/first home transfer duty concession (PDF 460 K) to apply for the concession.

Our transfer duty calculator can help you determine the amount you will pay.

Note: You will lose the concession if you:

      ●  do not occupy the home as your principal residence within 1 year of the transfer
          or acquisition date

         or

      ●  dispose of all or part of the land or home (by transferring, leasing, surrendering
          the lease or granting exclusive possession in another way)

               ○  before occupying the residence

                    or

               ○   within 1 year of occupying it as your home.

Certain exceptions apply.

You must lodge a completed Form 2.4—Notice for reassessment of transfer duty home and vacant land concessions with the original stamped documents, within 28 days of becoming ineligible.

See Public Ruling DA085.1—Concession for homes and first homes—occupancy requirements for more information.

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Last reviewed 1 August 2011