With the recent changes to the Government's stamp duty laws, did you know that by purchasing a block of land and building a new home on it, you will save literally thousands of dollars in state government stamp duty?
-
Purchase an existing / spec home for $365,000 stamp duty payable is $10,600
Purchase one of our blocks of land in Parklands or Paddington Grove for $133,000 and build a home on it for $232,000 (i.e. $365,000 all up) and pay stamp duty only on the land component of the transaction of $2,480
A saving of $8,120 in stamp duty
-
Purchase an existing / spec home for $399,000 stamp duty payable is $11,790
Purchase one of our blocks of land in Parklands or Paddington Grove for $133,000 and build a home on it for $266,000 (i.e. $399,000 all up) and pay stamp duty only on the land component of the transaction of $2,480
A saving of $9,310 in stamp duty
-
Purchase an existing / spec home for $425,000 stamp duty payable is $12,700
Purchase one of our blocks of land in Parklands or Paddington Grove for $133,000 and build a home on it for $292,000 (i.e. $425,000 all up) and pay stamp duty only on the land component of the transaction of $2,480
A saving of $10.220 in stamp duty
* Source: The State of Queensland (Office of State Revenue) June 17 2011 - Effective as at August 1 2011
