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Stamp Duty Abolished For Property Under $600K
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After July, stamp duty will be abolished for first home buyers purchasing a property valued below $600,000, the Victorian Government says.

 

From July discounts will also be available for property purchases between $600,000 and $750,000 on a sliding scale, regardless of whether they are new or established homes.

 

Other changes are a new tax of 1% on unoccupied houses.

 

Pros and Cons of the above are covered in this article > http://www.abc.net.au/news/2017-03-05/st...ia/8325970

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Stamp Duty Abolished For Property Under $600K - by POWERZONE - 07-03-2017, 12:26 AM

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