Buyers are embracing the state government’s property concessions.
More than $19 million in stamp duty concessions has been handed out to buyers of land and new houses and apartments since the state government introduced incentives to spur building activity. Continue reading Buying new off the plan
With many off-the-plan developments taking years to complete, buyers might want to reconsider how much deposit they put down on a flat they won’t occupy for a long time.
Under the Sale of Land Act, a deposit cannot exceed 10 per cent of the purchase price of an OTP unit but that doesn’t mean the deposit must be the full 10 per cent. Continue reading Make money while waiting