House of Assembly - Fifty-Fourth Parliament, Second Session (54-2)
2020-07-02 Daily Xml

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Residential Property Transactions

115 The Hon. S.C. MULLIGHAN (Lee) (17 June 2020). How many residential property transactions were liable for conveyance duty, and how much revenue was raised, in 2018-19 for properties with assessible property values between:

(a) $0 to $200,000;

(b) $200,001 to $300,000;

(c) $300,001 to $400,000;

(d) $400,001 to $500,000;

(e) $500,001 to $600,000;

(f) $600,001 to $700,000;

(g) $700,001 to $800,000;

(h) $800,001 to $900,000;

(i) $900,001 to $1,000,000;

(j) $1,000,001 to $1,100,000;

(k) $1,100,001 to $1,200,000;

(j) $1,200,001 to $1,300,000;

(k) $1,300,001 to $1,400,000;

(l) $1,400,001 to $1,500,000;

(m) $1,500,001 to $2,000,000;

(n) $2,000,001 to $2,500,000;

(o) $2,500,001 to $3,000,000; and

(p) $3,000,001 and above?

The Hon. S.S. MARSHALL (Dunstan—Premier): I have been advised:

The following table is an estimated 2018-19 conveyance duty distribution for transactions and revenue collections by the requested property value ranges.

Estimated 2018-19 Conveyance Duty Distribution
Value Range ($) Est. Transactions (n) Est. Duty ($m)
0 200,000 7,693 29.7
200,001 300,000 6,432 61.4
300,001 400,000 7,442 106.0
400,001 500,000 5,565 108.2
500,001 600,000 3,754 93.9
600,001 700,000 2,159 66.4
700,001 800,000 1,348 49.1
800,001 900,000 809 34.7
900,001 1,000,000 505 24.4
1,000,001 1,100,000 267 14.4
1,100,001 1,200,000 246 14.7
1,200,001 1,300,000 195 12.7
1,300,001 1,400,000 127 9.0
1,400,001 1,500,000 102 7.7
1,500,001 2,000,000 266 24.4
2,000,001 2,500,000 75 9.2
2,500,001 3,000,000 45 7.0
3,000,001 & over 58 15.4