Victorian Stamp Duty changes for first homebuyers
The Victorian State Government has from the 1st of July, 2017, abolished Stamp Duty for first homebuyers who buy a property with a value less than $600,000 and is implementing a sliding scale of reduced stamp duty between $600,000-$750,000. So, all first home-buyers with contract prices under $750,000 will have some reduction in Stamp Duty, if […]
Smart First Home Buyer Decisions
Smart First Home Buyer Decisions Smart First Home Buyer decisions are dependent on the work you put in before you buy. Don’t just rush out as soon as you have saved a deposit and buy. It is always better to do a lot of thought and research when entering the housing market. –Where do you […]
Victorian first home buyers receive stamp duty cut
Victorian first home buyers receive stamp duty cut from 40% reduction to 50% reduction from 1st of September, 2014. The state government says eligible home owners will save up to $15,535 in stamp duty on dwellings valued up to $600,000, and will save 26,000 Victorians a total of $200 million over the next year. First […]
Grants Cut for First Home Buyers of Existing Dwellings on 1 July
Grants Cut for First Home Buyers of Existing Dwellings on 1 July. Hot News for First Home Buyers planning to buy existing homes. They have only 8 Saturdays left to purchase a property if they want to secure the $7,000 currently on offer to First Home Buyers at the moment. The State Government of Victoria […]
Hidden Costs of Buying Property
Hidden Costs of Buying Property Do you know the hidden costs of buying property? Before you start your property buying journey, are you sure you know the total cost of buying ? Have you thought about: Property Purchase Price Stamp Duty Conveyancing/Solicitors Costs Pre-purchase Building and Pest Inspection Costs Loan Application Fee Mortgage Registration Fee […]
Stamp Duty Calculator for Victoria
Stamp Duty Calculator for Victoria The Victorian State Revenue Office provide this calculator to help property buyers understand how Stamp Duty applies to their purchase. While online tools like this can be helpful, always obtain professional advice before making any decisions about your property or tax. Please follow this link to calculate your Victorian stamp […]