Yes

No

Yes

No

Yes

No

Yes

No

• (a) $750 000 in the case of a home; or
• (b) $385 000 in the case of vacant land?

Yes

No

• (a) in the case of the acquisition of a home (including off-the-plan), within 12 months after taking possession of the home, which will occur within 12 months after the settlement date;


• (b) in the case of the acquisition of land on which a home is to be built, within the earlier of the following:
  
  
  • (i) five years after taking possession of the land which will occur within 12 months after settlement date; or
  
  
  • (ii) 12 months after building completion.

Note: If you are unsure when occupation must commence, refer to the examples in criterion 7 at section 5 of the Guide to the application or contact TRO for further information. The Commissioner has the discretion to vary the occupancy requirements (refer to section 6 in the Guide).

You may not be eligible for the rebate as each successful applicant must take occupancy of the home as their principal place of residence within the timeframes and for the period specified in (a) or (b) above.

In special circumstances, the Commissioner may extend the period for commencing occupation, reduce the six (6) month period of occupancy (but not waive it entirely) or exempt one or more applicants  from the occupancy requirements.

To find out more information about the Commissioner's discretions refer to Commissioner's Guideline CG-HI-003.

Yes

No