Stamp duty

[Krys]

Hi all,
I am new here and I am also quite new to property investing. I was wondering if somebody could give me some hints about paying stamp duty in Victoria. I am considering purchasing an apartment off the plan in Melbourne. Construction is due to be finished at the end of March and the agent told me that it's still off the plan purchase and I'll pay stamp duty on land only. Sounds good but I am not sure that it's correct.
Anybody knows?

Thanks,
Krys

 

[Jude H]

Please double check that information. I understand that stamp duty is payable according to what stage the building is up to when you buy. On land only is prior to building commencement.
Check with an independent source, don't go back to the agent to ask. (apologies to all the honest ones)