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The home concession rates for transfer duty are listed in the table below.
Home concession
Home concession rates from 1 July 2008 to 31 July 2011
| Purchase price/value | Duty rate |
|---|---|
| Up to $350,000 | $1.00 for each $100 or part of $100 |
| $350,001 to $540,000 | $3,500 + $3.50 for every $100 or part of $100 over $350,000 |
| $540,001 to $980,000 | $10,150 + $4.50 for every $100 or part of $100 over $540,000 |
| More than $980,000 | $29,950 + $5.25 for every $100 or part of $100 over $980,000 |
First home concession
First home concession rates from 1 September 2008 to 31 July 2011
| Purchase price/value | Concession |
|---|---|
| Not more than $504,999.99 | $8,750 |
| $505,000 to $509,999.99 | $7,875 |
| $510,000 to $514,999.99 | $7,000 |
| $515,000 to $519,999.99 | $6,125 |
| $520,000 to $524,999.99 | $5,250 |
| $525,000 to $529,999.99 | $4,375 |
| $530,000 to $534,999.99 | $3,500 |
| $535,000 to $539,999.99 | $2,625 |
| $540,000 to $544,999.99 | $1,750 |
| $545,000 to $549,999.99 | $875 |
| $550,000 or more | Nil |
First home vacant land
First home vacant land concession rates from 1 July 2009 to 31 July 2011
| Dutiable value of the first home vacant land | Concession |
|---|---|
| Up to $250,000 | 100% of transfer duty |
| $250,000 to $259,999.99 | $7,175 |
| $260,000 to $269,999.99 | $6,700 |
| $270,000 to $279,999.99 | $6,225 |
| $280,000 to $289,999.99 | $5,750 |
| $290,000 to $299,999.99 | $5,275 |
| $300,000 to $309,999.99 | $4,800 |
| $310,000 to $319,999.99 | $4,325 |
| $320,000 to $329,999.99 | $3,850 |
| $330,000 to $339,999.99 | $3,375 |
| $340,000 to $349,999.99 | $2,900 |
| $350,000 to $359,999.99 | $2,425 |
| $360,000 to $369,999.99 | $1,950 |
| $370,000 to $379,999.99 | $1,475 |
| $380,000 to $389,999.99 | $1,000 |
| $390,000 to $399,999.99 | $525 |
| $400,000 or more | No concession |