Sell with Confidence
Read More
News

Stay Informed: Government Changes to Stamp Duty as of 1 July 2012

By Dan Sowden

With the changeover of the QLD State Government, it has been announced that the rates of stamp duty (also known as transfer duty) payable will change from 1 July 2012 onwards. This change is great news for those buying a home or unit to live in as there is potential savings of between $5000 and $7000.

The applicable rate is based on the date the contract is entered into and not the settlement date. This may be a useful comparative tool for buyers currently in the market who wish to make an informed decision about timing their purchase.

The Office of State Revenue can also be contacted for further information on 1300 300 734.

The link below to a comprehensive stamp duty calculator allows buyers to calculate the amount of transfer duty they will be required to pay (both before and after the changes on 1 July 2012).

The Stamp Duty calculator can be found by clicking on the following link:
http://www.krg.com.au/qldstampdutycalculator/stamp_duty_calculator.cfm

Up to Date

Latest News

  • Million-dollar views!

    3/10-12 Marina Walk, Alexandra Headland Sold for $1,000,000 by Pam Thomas There’s a reason locals refer to Marina Walk at Alexandra Headland as part of the “Golden Triangle”. Positioned at the most elevated point of Alexandra Hill, it offers sweeping ocean views and a prime location close to Mooloolaba Esplanade. … Read more

    Read Full Post

  • Bli Bli home sells under the hammer for $103,000 over reserve

    24 Waterview Crescent, Bli Bli Sold by Jason Mills for $623,000 Achieving a result of more than $100,000 over the reserve price on this Bli Bli property at 24 Waterview Crescent came as no surprise to agent Jason Mills. “The uniqueness was it’s easy access to the water,” says Jason. … Read more

    Read Full Post