Residential duty applies to residential property including primary residences, rental properties and vacant land where building commences within 5 years.
| DUTIABLE VALUE | DUTY THRESHOLDS |
| $0 – $120,000 | $1.90 per $100 or part thereof |
| $120,001 – $150,000 | $2,280 + $2.85 per $100 or part thereof above $120,000 |
| $150,001 – $360,000 | $ 3,135 + $3.80 per $100 or part thereof above $150,000 |
| $360,001 – $725,000 | $11,115 + $4.75 per $100 or part thereof above $360,000 |
| $725,001 and upwards | $28,453 + $5.15 per $100 or part thereof above $725,000 |