Principal residence land

​​​​​​​​​​​​​​​​​​​​​​​​​Principal residence land (PRL) is land on which an owner of at least a 50 per cent or more interest in the land or related person (as defined by the Land Tax Act 2000), resides. 


Land categories

The following categories of land may be eligible to be classified as principal residence land.​ 

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​For land to be the owner's main place of residence, the property must be the place where the owner of at least a 50 per cent interest in the land ordinarily eats and sleeps as at 1 July of each financial year. An owner can be a single person or multiple people.

A person's main place of residence is the place they spend the majority of their time. It is the main place where that person routinely eats and sleeps. One property only can be considered your principal residence unless you have adjoining land. 

Leaving personal possessions at a property or using it as a weekend home does not typically qualify the property for the principal residence land classification.

To apply, complete the online ​​Principal residence land application.

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Where a related person to the owner, as defined in the Land Tax Act 2000, resides (ordinarily eats and sleeps) at the property, as at 1 July of each financial year, the principal residence classification may apply. 

Common examples of related person include a beneficiary of the estate of a deceased owner or a spouse or former spouse of an owner.  
 
If your status as a 'related person' does not fit with any of the related person definitions in the
Land Tax Act 2000, you are not eligible to claim this property as your principal residence.

To apply, complete the online ​​Principal residence land application.

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​From 1 July 2017, a principal residence land classification may remain on the property on 1 July of the financial year following a sole owner’s death providing the property: 

  • ​was classified as principal residence land on 1 July of the year of the owner’s death; and 
  • all or part of the property has not been sold or not been transferred to another person other than the personal representative of the deceased person. ​
To apply, complete the online ​​Principal residence land application.

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Where a company is the beneficial owner of land and a person who owns at least 50 per cent of the shares in that company resides (ordinarily eats and sleeps) at the property as at 1 July of each financial year, the principal residence land classification may apply.
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The principal residence land classification will only be applied if the shareholder does not own any other principal residence land as at 1 July.  ​

To apply, complete the online ​​Principal residence land application.

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Land held in trust may be granted a principal residence land classification if a beneficiary of the trust resides at the property as their principal residence and the land is held by: 

  • a registered trustee company; 
  • an executor, administrator, guardian, committee, receiver or liquidator; 
  • a trustee appointed by a court;  
  • a trustee of a special disability trust (see the Special disability trust ​guideline​); or 
  • a trustee of a fixed trust in which:  ​
    • ​all of the beneficiaries are individually named or are descendants of individually named beneficiaries; and
    • the beneficiary would be entitled, on the winding up of the trust, to 50 per cent or more of the value of the income and capital of the trust. 

The principal residence land classification will only be applied if the beneficiary does not own any other principal residence land as at 1 July.

To apply, complete the online ​​Principal residence land application.

​New home builders may be eligible for a rebate on the current year's land tax where they qualify for principal residence land on their newly built home.

Refer to New home builders rebate for more information.

To apply, complete the online ​​Principal residence land application.

If you are renting out any part of your property, even if it is your principal residence land, land tax may be payable depending on the taxable value of the portion of land being rented.  

If you rent out part of the property, that you use as your principal residence land, email​ us. We will ask you to provide specific information to enable the taxable portion of your property to be accurately calculated.  ​

Refer to the Land tax and residential land factsheet​​​ for more information.


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