Settlements Calculator
There are many variables in calculating duty and we have attempted to cover all of these on our site. To ensure a correct calculation of duty please read the following information carefully and ensure that you check the boxes that apply to you.
Property Type
Non Residential
Properties classed as “Non Residential” pay the standard rates of duty. Non Residential properties include vacant residential land where no building contract has been entered into, established commercial/retail or industrial properties and vacant non residential land.
Buyers of vacant residential land are not entitled to the reduced residential rates of duty unless a building contract is in place prior to the date of Settlement.
Residential
Buyers of properties classed as Residential are entitled to a reduced rate of duty known as the Residential rate of duty.
Residential properties include all established properties used for residential purposes e.g. house/unit/townhouse etc
Buyers of vacant residential land are only able to claim the reduced residential rate of duty if they have entered into a building Contract prior to the date of Settlement.
Calculate your Fees and Duty
To ensure an accurate stamp duty calculation it is imperative that you check all the boxes that apply
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