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):

 

 

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