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Stamp duty and land tax changes

As part of the 2017 State Budget, the Victorian Government has announced significant changes to Stamp Duty and Land Tax.

Some of the groups who may be affected by these changes:

  • Anyone who owns real estate other than their family home which is not eligible for a land tax exemption
  • Owners of properties in certain councils that have been vacant for more than 6 months
  • Couples that want to change the ownership structure for an¬†investment property
  • Anyone looking to purchase an investment property off the plan
  • All first home buyers purchasing up to $750,000
  • First home buyers in regional Victoria

To find out if you’re affected: contact your relationship manager direct, email us or call (03) 8888 4000.