Sro stamp duty calculator
- when is stamp duty payable in victoria
- when is stamp duty paid in victoria
- when is stamp duty due in vic
- when is stamp duty payable vic calculator
Stamp duty concession
What is stamp duty.
Yes, Victoria has a concession for first home buyers, which reduces the amount of stamp duty payable on homes costing less than $750,000. Under $600,000, the home is fully exempt from stamp duty.
It applies to both existing and new homes.
It is calculated on a sliding scale, based on the property value.
The eligibility criteria are:
- You or your partner must not have already received the First Home Owner's Grant
- You and your partner must not have owned any other property in Australia, whether jointly or separately, prior to 1 July 2000
- You and your partner must not have lived in a home in Australia that either of you owned or part owned on or after 1 July 2000, for a period of at least six months.
- You or another applicant must fulfil the primary place of residence requirements
- You must be at least 18
- At least one purchaser must be an Australian citizen or permanent resident, or a New Zealand citizen under a special category visa
- At least one purchaser must fulfil the residency requirement
Even if your partner is not applying with you, if they fail any of these crit
- when is stamp duty paid vic
- does victoria have stamp duty