Name of the Organization : State Revenue Office Victoria
Type of Facility : Land Transfer Calculator
Country : Australia
Website : https://www.sro.vic.gov.au/
Land Transfer Calculator:
When you buy Victorian land, which may include buildings, you are liable to pay duty. The duty payable is based on the market value of the property or the purchase price, whichever is greater.
Related : State Revenue Office Victoria Unclaimed Money Search : www.statusin.org/7042.html
This calculator applies only to contracts entered into on or after 21 April 1998. See further instructions below.
Screen 1:
** Enter the date the Contract of sale was entered into.
** Click ‘NEXT’ to move to the next screen.
Screen 2:
** Select whether the property is your principal place of residence. (for contracts entered into after 1/1/2007)
** Enter the price you paid for the property the existing property or the total value of the land and dwelling constructed in whole dollars.
** On completion of this screen, click ‘Calculate’ for a calculation of the Land Transfer Duty.
** Click ‘Start again’ to start a new calculation.
For further information please contact the Victorian State Revenue Office.
Terms and Conditions of Usage:
(a) This calculator may only be used for reference purposes.
(b) While the State Revenue Office makes every attempt to ensure the accuracy and reliability of the automatic calculations provided in this service, you will acknowledge that there may be instances where the State Revenue Office is required to recalculate the figures submitted for assessment.
(c) Note that these Terms and Conditions of Usage should be read in conjunction with the disclaimer contained in the web site.
(d) There may be certain components in the calculator which may be the subject of other intellectual property rights reserved by the SRO or other third parties. No license is granted in respect of these intellectual property rights.
(e) Any copies of the information, products, technology or processes must retain copyright and other intellectual property notices contained in the original material.
Copyright:
Material accessible through the Internet on the State Revenue Office web site is copyright protected. Other than as permitted under legislation, no part of this site may, in any form or by any means, be reproduced, stored in a retrieval system or transmitted without prior written permission. Enquiries or application for permission to use this material for other purposes should be directed to: Commissioner of State Revenue
Disclaimer:
While the State Revenue Office makes every attempt to ensure the accuracy and reliability of the information, products, technology or processes contained in this web site, the information, products, technology or processes should not be relied upon or used as a substitute for formal advice from the originating bodies or departments.
The information, products, technology or processes on the State Revenue Office web site are provided on the basis that all persons accessing the site undertake responsibility for assessing the relevance and accuracy of its content, usage and result. The use of or reliance on the information, products, technology or processes are subject to other terms and conditions to be found on this web site.
The State Revenue Office, its employees and agents will not be responsible for any direct or indirect loss, howsoever caused or arising from the use of, or reliance on the information, products, technology or processes. No responsibility whatsoever is taken for any information, products, technology, processes or services which may appear on any linked web sites in the Internet.
Consumer Alert – When you buy land:
When you buy a property, settlement is the final stage in the conveyancing process. At settlement, all parties meet to exchange the Transfer of Land, Certificate of Title, cheques and other documents to complete the sale and purchase. The land transfer and title certificate are then taken to Land Victoria for registration, usually within a few days following settlement. Registration on title is your proof that you own the property.
We strongly recommend that you, as the buyer, ensure you are registered on the title as the land owner, as this proves your legal ownership of the property. When a Certificate of Title is issued to you, it shows your entitlement to the land, and any interests and rights affecting it. We are aware of past instances where property buyers have not been registered on title for many years, despite thinking otherwise. You can search for titles and property certificates online, or in person at the Department of Sustainability and Environment, Land Information Centre, Level 9, 570 Bourke Street, Melbourne, phone 03 8636 2831. Please note that fees apply.