I accidentally stumbled upon this one recently which saved me over $21,000.
I was interested in a brand new apartment in Erskinville, Sydney which cost $610,000. Due to the NSW’s government’s stimulus plan, all home buyers get 50% off the stamp duty on newly built homes up to only $600,000. After a long drawn negotiation process with the developer, I eventually managed to convince them to reduce the price to $600,000 so that I am eligible for the 50% savings which is an addition $11,250.
I’m not suggesting you go look for property just above $600k. Obviously you need to ensure it’s a good investment and the price point is reflective of market ie $ per sqm to ensure original pricing by developer is not inflated.
Happy investing!
You must be logged in to reply to this topic. If you don't have an account, you can register here.
