When you own a rental property in the ACT, it’s essential to understand your expenses and responsibilities. In addition to the costs of buying the investment property, you also have certain obligations to pay tax, rates and levies.
Follow these links for more information on some of the key factors impacting ACT property investors.
-
Conveyance duty
Home buyers in the ACT pay conveyance duty when purchasing property.
-
Rental bonds
Rental bonds
-
Land tax
Generally, if you own a residential rental property, you pay land tax on it.
-
Rates
Home owners in the ACT pay rates to fund a range of services for the ACT community.
-
Police, fire and emergency services levy
This tax helps cover the costs of our ACT community’s fire and emergency services.
-
Safer families levy
This tax goes towards providing support and raising awareness of domestic violence.