Purchasing your lease
Leases are bought and sold in the same way as freehold property. However, when people 'buy' leases they are in fact only buying the improvements on the leased land and the right to lease the land from the state.
The process for leaseholders to purchase the Crown land they currently lease has been simplified with the new Crown land legislation now in force. The new streamlined process for the conversion of leasehold land to freehold provides a financial return to the state where the land is sold, as well as reducing red tape and administrative costs.
This is a fairer and more consistent approach to Crown land tenures and ensures all lessees with purchase rights go through the same purchase process. The Purchasing Crown leasehold land to obtain freehold title policy provides a framework for assessing and determining applications to purchase a lease.
For more information download:
- Purchasing a Crown land lease to obtain freehold title—fact sheet
- Purchasing a Crown land lease to obtain freehold title—frequently asked questions
- Purchasing a Wentworth or Hay Irrigation Act lease to obtain freehold title—frequently asked questions
For lessees wanting to lodge an objection to the purchase price when purchasing Crown leasehold land, a policy is available.
To find out if you are eligible to convert your lease to freehold, contact us .
New opportunity for Western Lands leaseholders
The Crown Land Management Act 2016 (the Act) allows eligible leaseholders to purchase their Western Lands Lease, which will convert the title to freehold.
Some leaseholders in the Western Division have been able to purchase their Western Lands Lease for some time; these include urban leases for business and residential purposes and a number of agricultural leases.
The Act provides a new opportunity for grazing leaseholders in the Western Division.
Leaseholders who currently hold purchase rights continue to be able to apply to purchase their lease under the Act.
To discuss your eligibility and the purchase process, contact us.