The Guardian

Victoria rolls out stamp duty concessions for off-the-plan homes in bid to boost housing development

Victoria rolls out stamp duty concessions for off-the-plan homes in bid to boost housing development



Premier announces stamp duty cut on off-the-plan apartments, townhouses and units purchased in next yearFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcast Homebuyers in Victoria will save tens of thousands of dollars in stamp duty on off-the-plan apartments, townhouses and units bought in the next 12 months, under a state government initiative aimed at stimulating development.The premier, Jacinta Allan, on Monday announced the policy, which came into effect immediately and was open to all buyers – including investors – for properties of any price point. Continue reading…



Source link : https://www.theguardian.com/australia-news/2024/oct/21/victoria-stamp-duty-tax-cuts-apartments-off-plan-jacinta-allan-housing

Author : Benita Kolovos Victorian state correspondent

Publish date : 2024-10-21 03:27:33

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