Ad Valorem calculator
Use this calculator to work out the ad valorem amount of your Torrens assurance levy. An ad valorem component is payable where:
- the purchase price is $500,500 or more and
- the agreement for sale was signed between 1 July 2010 and 30 June 2011.
See LPI Circular 2011/02 for more details on the repeal of the "ad valorem" Torrens Assurance Levy.
Enter purchase price in whole dollars only.
Do not enter $ symbol.
Do not use commas when entering purchase price.
All levies calculated are rounded down to nearest dollar.
Use this calculator as a guide only and not as a substitute for professional advice.
Some transfers of ownership under section 46 of the Real Property Act 1900 attract an additional Torrens assurance levy, based on ad valorem - a sliding scale according to purchase price.
The additional levy applies where the purchase price is $500,500 or more. See our Fact sheet (PDF 151.9 KB) on the Torrens assurance levy for details of transfer types that attract the additional levy.
For transfers where the purchase price is at least $500,500 but not more than $1,000,000, the ad valorem levy is 0.2% of the amount by which the purchase price exceeds $500,000.
For properties purchased for more than $1,000,000, the levy is $1000 plus 0.25% of the amount by which the purchase price exceeds $1,000,000.
Levies are payable to LPI when the transfer is lodged for registration. Lodgment fees (including a basic $4.00 Torrens assurance levy) are also payable. See Land Title fees page for more details on lodgment fees.