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Legislative Assembly for the ACT: 2016 Week 1 Hansard (11 February) . .

Page.. 303..


How many first home buyer grants were paid to residential property transactions for the (a) 2012-2013, (b) 2013-2014 and (c) 2014-2015 financial years were valued in the range of (i) $300 000 to $400 000, (ii) $400 001 to $500 000, (iii) $500 001 to $600 000, (iv) $600 001 to $700 000, (v) $700 001 to $800 000, (vi) $800 001 to $900 000 and (vii) above $900 001.

Mr Barr: The answer to the member's question is as follows:

The number of residential property transactions that paid stamp duty in:

(a) 2012-13: 11,641

(b) 2013-14: 11,891

(c) 2014-15: 12,367

(1) Total revenue received from residential property stamp duty in:

(a) 2012-13: $165.0m

(b) 2013-14: $163.6m

(c) 2014-15: $164.8m

(2) Residential conveyance duty is forecast at an aggregate level and hence the projected number of transactions is not available.

(3) Based on the published 2015-16 Budget, the project revenue for residential property transactions to pay stamp duty in:

(a) 2015-16: $167.0m

(b) 2016-17: $174.5m

(c) 2017-18: $182.4m

(d) 2018-19: $190.6m

(4)

Value range Residential property transactions 2012-13 2013-14 2014-15 (i) $300,000 to $400,000 2,666 2,717 2,797 (ii) $400,001 to $500,000 2,927 2,917 3,030 (iii) $500,001 to $600,000 1,827 1,809 1,821 (iv) $600,001 to $700,000 1,015 1,034 1,261 (v) $700,001 to $800,000 508 553 631 (vi) $800,001 to $900,000 271 311 384 (vii) above $900,001 445 499 637

(5) Value range Number of first home buyer grants 2012-13 2013-14 2014-15 (i) $300,000 to $400,000 1,058 657 771 (ii) $400,001 to $500,000 1,032 578 520 (iii) $500,001 to $600,000 374 214 100 (iv) $600,001 to $700,000 126 74 25 (v) $700,001 to $800,000 19 20 11 (vi) $800,001 to $900,000 0 0 0 (vii) above $900,001 0 0 0


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