Investment Tips

Could Stamp Duty Reduction Ignite Melbourne’s Property Market?

The Melbourne property market has been somewhat subdued in recent years, lagging behind the growth seen in other Australian capital cities like Sydney and Brisbane. However, with the Victorian Government yesterday signalling a potential reduction in stamp duty for new, off-the-plan property buyers, a significant boost to the market may be just around the corner. …

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Buying off-the-plan

There are pros and cons to purchasing property off-the-plan (or before completion). In understanding the risks, you must first understand the various critical stages of development before deciding if buying off-the-plan is right for you. The critical stages of development in chronological order, are: Development (DA) and building (BA) approvals : At this stage the …

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