As of today, there are a few adjustments to how stamp duty is calculated for home owners.
Important points:
- $10,000 boost when building a new home (PPoR or IP) for anything less than $600k
- Removal of 'Home Concession' stamp duty concession (now investors pay the same as home owners)
- Changes to First Home Concession and Vacant Land Concession (some compensation for the removal of 'Home Concession')
- Changes to Stamp Duty rates
First home owner - Building New @ $450k
First home owner - Buying Established @ $450k
Investment Property - Building New @ $450k
Investment Property - Buying Established @ $450k
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3 comments:
Although the expected peak in 2012 – 2013 may have dire consequences, the phenomenal ........
Stamp Duty
But in the 2013 expectation is much high.
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