Home concession
A reduction in the amount of transfer duty you pay when you purchase a home to live in. There are 3 types of home concession:
- home concession—for your second or subsequent home
- first home concession—for your first home
- first home vacant land concession—for vacant land on which to build your first home.
You can claim one concession for your home.
Date published: 24 June 2024