Residential Development Stamp Duty Refund Scheme

Proportion of land to be developed

There are two alternative ‘75% tests’. The tests ensure that a reasonable part of the land is actually developed for residential purposes. 

When you complete a multi-unit development or a phase in such a development, you must satisfy one of the ‘75% test’.

At least 75% of total surface area must be occupied by houses or apartments (footprint test). Alternatively, at least 75% must be accounted for by the gross floor area of the houses or apartments. The gross floor area is a measurement of the internal floor space of each floor of a house or apartment block. The measurement includes the internal walls and partitions. 

You do not have to satisfy the ‘75% test’ if you are building a single dwelling unit.

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