
You may already be aware that there are costs associated with
purchasing your first home. There are conveyancing fees that need to be paid for
example. By far the largest costs for most purchasers is the stamp duties levied
by your state government on the purchase.
Stamp Duty is a State Government tax payable by the purchaser of real estate,
based upon the purchase price of the property.
First home buyers may be exempt from Stamp Duty or entitled to a rebate or concession such as the First Home Owners Grant. The rules exemptions and entitlements are state based.
Therefore to determine what is any stamp duty you will need to pay on the purchase of your first home, we suggest that you consult your state revenue office.
Please see links below for state by state policy:
Express Enquiry

