The principal residence land concession may continue to apply for one further financial year following the death of an owner of a property.

From 1 July 2017, where a property has a principal residence land classification and the owner (who was residing at the property) dies, the property will, in certain circumstances, continue to receive the principal residence land classification for the financial year following the death.

Detailed and specific conditions apply to this concession.

For more information:

Department of Treasury and Finance
Phone: 6166 4400 or 1800 001 388