All Topics / General Property / House and Land package stamp duty

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  • Profile photo of Hybrid2007Hybrid2007
    Member
    @hybrid2007
    Join Date: 2007
    Post Count: 67
    February 18, 2009 - 4:25 am

    Hi all,

    I only found out over the weekend that when you build you only pay stamp duty on the land value. (just never knew that before)

    At the risk of sounding stupid…. What about buying a display home, any chance same applies??

    Profile photo of Richard TaylorRichard Taylor
    Participant
    @qlds007
    Join Date: 2003
    Post Count: 12,024
    February 18, 2009 - 6:21 am

    No on a completed home your pay duty on the Transfer Price.

    Richard Taylor | Australia's leading private lender

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