Taxes and charges on new housing

Mayela Garcia 

Residential Development Council

Published 2018-06-07

The objectives of this research were to:

  • produce a snapshot of the current scope, reach and quantum of property taxes and charges borne by new housing
  • assess the relative weight of property taxes and charges in new housing development relative to a series of benchmarks (including the final acquisition cost of the dwelling, the original land cost and available homebuyer concessions)
  • identify existing regimes for funding infrastructure and the issues related to the current charging regime to fund urban infrastructure
  • produce a series of core principles to guide the design of infrastructure charges / developer contributions to fund urban infrastructure based on best practice.
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