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❓ Hon Steve Martin asks about residential property transaction numbers and transfer duty revenue, including first home buyer concessions, for the 2022-23 and 2023-24 financial years across various price brackets. The answer refers to a previous question.

AnsweredQoN 2090Legislative Council

Asked

13 August 2024

Member

Hon Steve Martin

Portfolio

Finance; Commerce; Women's Interests

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 (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?