Question - Taxation

1. What was the number of (a) non-unit and (b) unit titled residential properties that paid general rates in 2021-22.
2. What is the mean AUV for residential properties in the ACT with an AUV above (a) $2 million and (b) $5 million.
3. What is the mean AUV for residential properties which paid land tax in 2021-22 in the ACT with an AUV above (a) $2 million and (b) 5 million.
4. What was the total mean nominal land tax payable, in 2021-22, for all dwellings with AUVs, within the thresholds of (a) under $150,000, (b) $150,000-$275,000, (c) $275,000-$2 million, (d) $2 million-$5 million and (e) $5 million plus.
5. How many dwellings that paid land tax, in 2021-22, in the ACT had an AUV of (a) under $150,000, (b) $150,000-$275,000, (c) $275,000-$2 million, (d) $2 million-$5 million and (e) $5 million plus.

(1) (a) There are 117,765 non-unit residential properties.

       (b) There are 62,059 unit titled residential properties.

(2) (a) The mean AUV for residential properties above $2 million is $3.9 million in 2021-22.

       (b) The mean AUV for residential properties above $5 million is $10.6 million in 2021-22.

(3) (a) The mean AUV for residential properties which had land tax assessed at any time in 2021‑22 with an AUV above $2 million is $3.2 million.

        (b) The mean AUV for residential properties which had land tax assessed at any time in 2021‑22 with an AUV above $5 million is $6.0 million.

(4) & (5)

¹ Calculated as the mean of the land tax assessed for eligible properties in 2021-22 per specified AUV threshold. Note that some properties included in the calculation might not have been eligible for land tax for the full financial year.

²Number of properties that were assessed for land tax at any time in 2021-22.