All Topics / Help Needed! / Question: No Stamp-Duty if Investment Property is bought in Vic directly from a developer?

Viewing 2 posts - 1 through 2 (of 2 total)
  • Profile photo of asi102asi102
    Participant
    @asi102
    Join Date: 2007
    Post Count: 1
    October 16, 2007 - 1:59 pm

    Question: No Stamp-Duty if Investment Property is bought in Vic directly from a developer? Is this a law/regulation in Victoria or this applies only to some developers, but not all? Any details, links, even contact details of departments where I can ask are welcome.

    Thank you.

    Profile photo of Nigel KibelNigel Kibel
    Participant
    @nigel-kibel
    Join Date: 2005
    Post Count: 1,425
    October 16, 2007 - 9:10 pm

    In Victoria and only Victoria the stamp duty is only based on the land value. If the developer is not charging any stamp duty then it is likely that they have loaded the stamp duty onto the price.

    Nigel Kibel | Property Know How
    http://propertyknowhow.com.au
    Email Me | Phone Me

    We have just launched a new website join our membership today

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic. If you don't have an account, you can register here.