Good News for first time home buyers who purchase a new or existing home under $600,000 after the 1 July 2017.
The stamp duty for first home buyers of new or EXISTING homes will be abolished. This means that there will be no stamp duty payable on transfer of land for first time buyers.
For more information in regards to the above please view the “Stamp Duty Fact Sheet” available on SRO webpage at http://www.sro.vic.gov.au/housing
Alternatively, feel free to contact our office on 1800 737 656 or email Jasna on firstname.lastname@example.org for any Property or Conveyancing matter.
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