NSW Stamp Duty Changes 2020: First Home Buyers Could Save Thousands
The threshold also increases on vacant land from $350,000 to $400,000
This threshold will be in place for 12 months only from 1 August through to 31 July 2021.
These exemptions will apply for first home buyers purchasing vacant land or a new home. Above these thresholds, concessional stamp duty rates apply to new homes up to $1,000,000 and vacant land up to $500,000.
CONTACT US TODAY
We are based on the beautiful Coffs Harbour coast and we offer a complimentary home loan broking service.
Make an appointment today for an obligation-free chat, to talk about what you need and how we can help.
