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the amount of stamp duty first-home buyers pay in Victoria will be reduced by 20 per cent on July 1, 2011. This will be followed by further reductions of 10 per cent each financial year until 2014, totaling in 50% in 2014.
This means that the first home buyer who purchases an established home for under $600,000 will be entitled to a 20% cut to stamp duty and the $7,000 First Home Buyer Grant.
Translating this into actual money, if you were to purchase a house for $450,000 today, the stamp duty you would pay is $18,970. On 1 July that amount will drop to $15,176 - which means you save $3,794.
If you were to buy the same house for the same price in July 2014, the stamp duty to pay would be just $9,485. This is especially good news to people purchasing a property off the plan, because stamp duty is payable on or after the settlement. Even if the contract was signed today, by the time the house is finished, an additional stamp duty cut may come into effect. |
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发表于 16-10-2011 05:45:00
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楼主
发表于 16-10-2011 10:19:45
