Further stamp duty reduction for Victorian first home buyers
Jonathan ChancellorDecember 7, 2020
Victorian first time home buyers will pay less stamp duty for homes from 1 September.
The reduction in duty has become increasingly attractive - initially, 20% was reduced on 1 July 2011, followed by 10% on 1 January 2013, 10% on 1 July 2013 and the upcoming 10% on next Monday, 1 September 2014.
It is available for new or established home purchases.
Stamp duty concessions across the country are on the next page. Please click below.
Here’s the table that clears up what concessions are available (click to open in new window):
Source: State Revenue Offices/HIA
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.