NSW Stamp Duty Discount
SAVE 50% OFF STAMP DUTY ON ANY NEW HOME PURCHASED
The NSW Housing Acceleration Plan (HCAP) ends on 1 July 2010.
If a contract for a new home (or a substantially renovated house) to a value of no more than $600,000 is entered into before 1 July 2010 a 50% reduction in purchase stamp duty will apply (available to all NSW purchases except first home buyers who receive even greater concessions).
For example, on a property purchase of $450,000 the saving of stamp duty payable is $7,870.00. (note: NSW Office of State Revenue conditions apply). Please contact us if you are interested in learning more about the benefits of the HCAP scheme.
Make sure you use a Lawyer who specialises in this area when buying or selling property.
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