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Stamp duty abolished for off-the-plan city apartments

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Another State budget initiative, stamp duty abolished on City off-plan apartments up to $500,000 !!!


Info found in this document - http://servicesa.cdn.on.net/documents/stamp_duty_abolished_for_off-the-plan_city_apartments.pdf



This is an example taken from the document for First Home Owners (although the concession is not exclusive to first home buyers):


First Home Buyers in the city: May 31, 2012 – June 30, 2013:


State Government’s FHBG $8000 (Eligible only for properties valued at $400,000 or less)


First Home Owners Grant $7000


Stamp Duty Savings $16,330 (Based on off-the-plan apartment valued at $400,000)


Total Savings $31,330





Edited by Andrew from Vista Financial
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