Glossary · Australian property
Principal place of residence (PPOR).
The home you live in as your main residence. PPOR status confers stamp-duty concessions, CGT main-residence exemption, and (in QLD) the home concession on transfer duty.
Your PPOR is the property you live in as your main residence. Australian tax law (ITAA 1997 s118-110) exempts PPOR from capital gains tax. Selling your main residence is tax-free, regardless of growth.
States apply PPOR-specific stamp duty rules: QLD's home concession (≈35% lower than investor rate), VIC + ACT pensioner concessions on PPOR-to-PPOR moves, FHB exemptions in NSW + VIC + WA + TAS that all require PPOR-status for at least 6 months within 12 months of settlement.
PPOR is a state of fact (where you live), not just a label. The ATO and state revenue offices investigate PPOR claims via electricity bills, mail records, and neighbours' affidavits when there's an audit. You can have only ONE PPOR at a time, with limited overlap rules during a move.
Source
ITAA 1997 s118-110 + s118-145; state-specific Duties Acts.
Related terms
Open the playbook — 11 chapters end-to-end, every threshold cited.