his concessional rate of duty applies to a purchase of:
a) A residential property valued at less than $200,000, which will be the primary place of residence for the purchaser; or
b) A business where dutiable value is less than $200,000, which the purchaser intends to continue to run indefinitely.
What are the concessional stamp duty rates?
| DUTIABLE VALUE | DUTY THRESHOLDS |
| $0 – $100,000 | $1.50 per $100 or part thereof |
| $100,001 – $200,000 | $1,500 + $4.39 per $100 or part thereof above $100,000 |