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For the cynical amonst us, I'd say the price of OTP property under $600K in NSW is about to go up by $22,490 overnight.:rolleyes:

Let's now wait for the raft of Qs from newbies asking how they can buy a property OTP in their grandfather's name to avoid stamp duty...and how can it be left to them in a will / transferred to them later with no SD or CGT :p:D:D

Thanks goodness there is something to address the shortage of new stock which is the biggest issue in housing for NSW at least. We don't need anymore support for existing stock (or price drivers in the form of no SD). I guess all the D&G's will come out now saying that the govt. is pushing...