I accidentally stumbled upon this one recently which saved me over $21,000.
I was interested in a brand new apartment in Erskinville, Sydney which cost $610,000. Due to the NSW's government's stimulus plan, all home buyers get 50% off the stamp duty on newly built homes up to only $600,000. After a long drawn negotiation process with the developer, I eventually managed to convince them to reduce the price to $600,000 so that I am eligible for the 50% savings which is an addition $11,250.
I'm not suggesting you go look for property just above $600k. Obviously you need to ensure it's a good investment and the price point is reflective of market ie $ per sqm to ensure original pricing by developer is not inflated.
Happy investing!
I was interested in a brand new apartment in Erskinville, Sydney which cost $610,000. Due to the NSW's government's stimulus plan, all home buyers get 50% off the stamp duty on newly built homes up to only $600,000. After a long drawn negotiation process with the developer, I eventually managed to convince them to reduce the price to $600,000 so that I am eligible for the 50% savings which is an addition $11,250.
I'm not suggesting you go look for property just above $600k. Obviously you need to ensure it's a good investment and the price point is reflective of market ie $ per sqm to ensure original pricing by developer is not inflated.
Happy investing!