WebFirst home buyers in Victoria may also be eligible for; both new homes and established homes are eligible for a first home buyer duty exemption if the home is valued at $600,000 or less, or a concession for a principal place of residence with a dutiable value between $600,001 and $750,000 . WebFirst home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. That’s a saving of around $31,000! You may still be eligible for savings on stamp duty if you pay between $600,000 and $750,000 for your first home. For example, if you pay $605,000 for your first home, you’ll ...
2024 First Home Owners (Buyers) Grant VIC - Mortgage Choice
WebDec 30, 2024 · Do First Home Buyers Pay Stamp Duty In Victoria? Stamp duty concessions are available to first homeowners in Victoria whether you buy an established home or a newly built home. As long as the property is valued below $600,000, first home buyers in Victoria don’t pay stamp duty at all. If you pay between $600,000 and … WebIf you buy a first home valued at between $600,001 and $750,000, you can apply for a stamp duty concession. A Victorian stamp duty calculator will help you work out how much you can save. If Louisa pays $700,000 for her first home, she still has to pay $24,713 stamp duty – but that’s a saving of $12,357 off the full rate. femtosoft technologies frog
Stamp Duty Calculator 2024 - 2024 - VisionAbacus
WebStamp duty in Western Australia, also known as land transfer duty, is a once-off tax paid upon purchasing a property. Our calculator will help you calculate stamp duty on owner-occupied homes in Western Australia, as well as any … WebFirst home owners in Victoria don’t pay stamp duty at all on their first home as long as the property is valued below $600,000. That’s a saving of around $31,000! You may still be … WebDec 22, 2024 · First-home buyer duty exemption or concession – a one-off duty exemption for a principal place of residence (PPR) valued up to $600,000, or a concession for a … deformed breasts after implant removal