Conveyance duty

Non-commercial transfer duty

From 7 June 2017 a new duty rate applies to non-commercial property transactions, a non‑commercial property transaction is a transaction where the relevant property will be used for residential or rural purposes only.

Declaring your land use

You have (and your agent has) 14 days to lodge your transfer instrument for title registration with Access Canberra in Dickson.

On the transfer instrument you’ll need to tick the ‘Residential’ or ‘Rural’ box under ‘Land Use’.

This will be your declaration to the ACT Revenue Office that the land will be used wholly for non‑commercial purposes.

Remember that we will charge you the residential or rural rates if you declare a non‑commercial land use.

Declaring your land use – transactions before 18 September 2017

Different rules apply to transactions where you signed the contract before 18 September 2017. See the Transactions before 18 September 2017 page for more information.

Non-commercial rates of duty

Value of Non-Commercial Property

Duty Payable

up to $200,000 $20 or $1.40 per $100 or part thereof, whichever is greater
$200,001 to $300,000 $2,800 plus $2.40 per $100 or part thereof by which the value exceeds $200,000
$300,001 to $500,000 $5,200 plus $3.80 per $100 or part thereof by which the value exceeds $300,000
$500,001 to $750,000 $12,800 plus $4.78 per $100 or part thereof by which the value exceeds $500,000
$750,001 to $1,000,000 $24,750 plus $6.30 per $100 or part thereof by which the value exceeds $750,000
$1,000,001 to $1,454,999 $40,500 plus $6.80 per $100 or part thereof by which the value exceeds $1,000,000
$1,455,000 and over A flat rate of $4.91 per $100 applied to the total transaction value

Value of Non-Commercial Property

Duty Payable

up to $200,000 $20 or $1.30 per $100 or part thereof, whichever is greater
$200,001 to $300,000 $2,600 plus $2.30 per $100 or part thereof by which the value exceeds $200,000
$300,001 to $500,000 $4,900 plus $3.60 per $100 or part thereof by which the value exceeds $300,000
$500,001 to $750,000 $12,100 plus $4.56 per $100 or part thereof by which the value exceeds $500,000
$750,001 to $1,000,000 $23,500 plus $6.10 per $100 or part thereof by which the value exceeds $750,000
$1,000,001 to $1,455,000 $38,750 plus $6.60 per $100 or part thereof by which the value exceeds $1,000,000
More than $1,455,000 A flat rate of $4.73 per $100 applied to the total transaction value

Value of Non-Commercial Property

Duty Payable

up to $200,000 $20 or $1.20 per $100 or part thereof, whichever is greater
$200,001 to $300,000 $2,400 plus $2.20 per $100 or part thereof by which the value exceeds $200,000
$300,001 to $500,000 $4,600 plus $3.40 per $100 or part thereof by which the value exceeds $300,000
$500,001 to $750,000 $11,400 plus $4.32 per $100 or part thereof by which the value exceeds $500,000
$750,001 to $1,000,000 $22,200 plus $5.90 per $100 or part thereof by which the value exceeds $750,000
$1,000,001 to $1,455,000 $36,950 plus $6.40 per $100 or part thereof by which the value exceeds $1,000,000
More than $1,455,000 A flat rate of $4.54 per $100 applied to the total transaction value

Relevant links