Announced Today in the Qld State Budget – Stamp Duty Going Up!

TRANSFER DUTY HOME CONCESSION TO CEASE FROM 31ST JULY
Buyers Be Aware!
The Home Concession for transfer duty will end on 31 July 2011.

This is the transfer duty concession that people who are not first home buyers receive when buying a home to live in as their principal place of residence.

If you are considering buying a home you should carefully consider the transfer duty reforms to help you make an informed decision about the timing of your purchase.
If you are currently considering buying a property now – remember, you will have to pay more from 1st August 2011 so ACT NOW and SAVE!
The current transfer duty for buyers of a $400,000 home – who intend to make it their principal place of residence – is $5250. But from August this will rise to $11,825. The tax on a $500,000 house will jump from $8750 to $15,525,

A MASSIVE $6,775 MORE!

DISCLAIMER We have in preparing this information used our best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers should make their own inquiries to verify the information contained herein. All information contained in the CENTURY 21 Australia Pty Ltd website is provided as a convenience to clients. All property prices displayed on the Website are current at the time of issue, but may change at any time and are subject to availability.
PRIVACY POLICY CENTURY 21 Australia Pty Ltd adhere to a strict privacy policy. It is our policy to maintain your privacy when you visit the Website. If you choose to provide your email address it will be kept confidential. We, and authorised CENTURY 21 offices, may use your email address to contact you in the future if you so choose. We will not sell or pass on your details to third parties.

About Port Douglas

Port Douglas real estate - Real estate in Port Douglas is now sought after the world over. Our passion for where we live stems from Port Douglas being the only place in the world where two natural, world heritage listed sites (the Great Barrier Reef & Daintree Rainforest) exist side by side. If you would like buy or live in your own piece of paradise, please browse our real estate listings http://www.realestateportdouglas.com.au The views expressed in the Port Douglas blogs are not those of Century 21 Port Douglas Real Estate nor the Century 21 franchise.
This entry was posted in Housing Affordability, Housing Data, Property Investor, Queensland, Real Estate, Stamp Duty, Transfer Duty. Bookmark the permalink.

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