❓ Ms. Mettam asks about residential property transaction numbers and transfer duty revenue for 2022-23 and 2023-24, broken down by price brackets, including first home buyer concessions. The answer refers to another question.
AnsweredQoN 1245Legislative Assembly
QuestionView source ↗
I refer to transfer duty revenue from residential property
transactions, and I ask: (a) how
many residential property transactions occurred in the 2023-24 financial year,
per each of the following property price levels: (i) under
$450,000; (ii) $450,000
to $499,999; (iii) $500,000
to $549,999; (iv) $550,000
to $599,999; (v) $600,000
to $649,999; (vi) $650,000
to $699,999; (vii) $700,000
to $749,999; (viii) $750,000 to $799,999; (ix) $800,000
to $849,999; (x) $850,000
to $899,999; (xi) $900,000
to $949,999; (xii) $950,000
to $999,999; and (xiii) $1,000,000
and over; (b) how
many residential property transactions occurred in the 2022-23 financial year,
per each of the property price levels identified in (a); (c) for
each of the property price levels listed in (a), how much transfer duty was
collected in the 2023-24 financial year; (d) for
each of the property price levels listen in (a), how much transfer duty was
collected in the 2022-23 financial year; (e) for
each of the property price levels listed in (a), how much in transfer duty was
discounted as a concession for first home buyers in the 2023-24 financial year: (i) in
reference to (e), for how many transactions; and (ii) in
reference to (e), at what total value; and (f) for
each of the property price levels listed in (a), how much in transfer duty was
discounted as a concession for first home buyers in the 2022-23 financial year: (i) in
reference to (f), for how many transactions; and (ii) in
reference to (f), at what total value?
transactions, and I ask: (a) how
many residential property transactions occurred in the 2023-24 financial year,
per each of the following property price levels: (i) under
$450,000; (ii) $450,000
to $499,999; (iii) $500,000
to $549,999; (iv) $550,000
to $599,999; (v) $600,000
to $649,999; (vi) $650,000
to $699,999; (vii) $700,000
to $749,999; (viii) $750,000 to $799,999; (ix) $800,000
to $849,999; (x) $850,000
to $899,999; (xi) $900,000
to $949,999; (xii) $950,000
to $999,999; and (xiii) $1,000,000
and over; (b) how
many residential property transactions occurred in the 2022-23 financial year,
per each of the property price levels identified in (a); (c) for
each of the property price levels listed in (a), how much transfer duty was
collected in the 2023-24 financial year; (d) for
each of the property price levels listen in (a), how much transfer duty was
collected in the 2022-23 financial year; (e) for
each of the property price levels listed in (a), how much in transfer duty was
discounted as a concession for first home buyers in the 2023-24 financial year: (i) in
reference to (e), for how many transactions; and (ii) in
reference to (e), at what total value; and (f) for
each of the property price levels listed in (a), how much in transfer duty was
discounted as a concession for first home buyers in the 2022-23 financial year: (i) in
reference to (f), for how many transactions; and (ii) in
reference to (f), at what total value?
AnswerView source ↗
Answered
12 September 2024
Responded by
Parliamentary Secretary to the Minister for Commerce
Response time
7 days
Please refer to Legislative Assembly Question on Notice 1244.
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