Stamp duty changes will impact buyers in the future.

What you need to know about stamp duty changes for first home buyers

Last week the state government announced changes to the First Home Owner Rate of Duty, which will impact buyers in the future. Previously, stamp duty was waived for first home buyers buying a property of $500,000 or less. From $500,000 to $600,000, first home buyers were charged a reduced rate of duty. Under the new …

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