28 Oct 2019

Great News! Up To 75% Reduction In Stamp Duty Costs For Off-The-Plan Apartment Buyers

The WA Government has announced a fabulous new incentive for prospective off-the-plan apartment buyers.

Property buyers who sign a pre-construction agreement with builders to purchase an apartment for the next two years are eligible for as much as a ​75% discount on stamp duty costs​.

These changes will affect “those who are on the margins of being able to afford their own home. And it makes it less expensive for seniors wanting to right-size near well-connected centres with quality services.” Ms Brewer said (Executive Director of the Property Council WA).

Here’s what the proposed savings will look like for buyers (source; UDIA WA):

 

 

For any inquiries or if you’d like to speak to our team, ​Contact the team at Vicki Philipoff Settlements today!

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