Changes to the stamp duty concession for first home buye
If you own a property worth up to $600,000 please take note.
From 1 January 2012, stamp duty concessions will no longer be available to first home buyers of established homes. In a shock budget measure, the NSW Government will limit the concessions to those buying new homes.
Currently, first home buyers pay no stamp duty on properties under $500,000, and receive a discount for properties valued up to $600,000.
This means that, … Read the full post »