applied to purchases made before 30 June 2010.
you must have purchased the whole property.
vacant land that you built your home on.
your new home has been used for any purpose other than residential.
The table below shows you how much transfer duty you'd pay under the HCAP, depending on your purchase price.
There was no limit to the number of new homes under the HCAP but if you bought multiple properties between 1 July 2009 and 31 May 2010 and owed transfer duty in one lump sum, the 50% reduction only applied on the amount of duty owed for eligible properties.
for homes bought off the plan complete a Declaration for 'Off the Plan' Purchases form (ODA 014).
Each buyer needs to complete a separate form.
Contact us for more information on the HCAP and how to apply.