Tag Archives: new home builders

NSW Home Builders Stamp Duty Concessions

We’re frequently asked to explain the stamp duty conecessions for new home builders which were introduced last year by the NSW Government, under the NSW Home Builders Bonus (HBB), to stimulate the construction of new homes in NSW.

HBB provides a full exemption on stamp duty for purchases of vacant land where a new home will be built, homes bought off the plan (e.g. apartments) and purchases of new homes by over 65 year olds who sell their current residence. The concessions apply to transactions completed after 1 July 2010. Continue reading NSW Home Builders Stamp Duty Concessions