House of Assembly - Fifty-Fourth Parliament, Second Session (54-2)
2021-11-16 Daily Xml

Contents

Conveyance Duty Revenue

793 The Hon. S.C. MULLIGHAN (Lee) (23 September 2021). How many residential property transactions were liable for conveyance duty from 1 July 2020 to 30 June 2021 with assessable property values of:

(a) $0 to $200,000

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

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

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

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

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

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

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

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

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

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

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

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

(n) $1,400,000 to $1,500,000;

(o) $1,500,000 to $2,000,000;

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

(q) $2,500,001 to $3,000,000;

(r) $3,000,001+?

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

The following table provides the number and value of residential (properties classified as residential for conveyance duty purposes include houses, units, and apartments, along with a range of other property types of a residential nature including aged care facilities, student accommodation, and vacant land intended for residential development)conveyance duty transactions by value range in 2020-21.

2020-21
Value
From To Transactions (no.)(a) Duty ($m)
$0 $200,000 11,600 46
$200,001 $300,000 8,900 80
$300,001 $400,000 8,600 118
$400,001 $500,000 7,000 131
$500,001 $600,000 5,100 122
$600,001 $700,000 3,100 90
$700,001 $800,000 2,000 69
$800,001 $900,000 1,300 51
$900,001 $1,000,000 800 35
$1,000,001 $1,100,000 400 20
$1,100,001 $1,200,000 400 22
$1,200,001 $1,300,000 300 22
$1,300,001 $1,400,000 200 17
$1,400,001 $1,500,000 200 14
$1,500,001 $2,000,000 500 41
$2,000,001 $2,500,000 200 20
$2,500,001 $3,000,000 <100 12
Over $3,000,000 100 25
Total 50,600 932


(a) Rounded to the nearest 100