News

Increased stamp duty for foreign purchasers

May 23 , 2016

From the 1st July 2016 in Victoria the extra duty payable by foreign Purchasers of residential properties will be increased from 3% to 7% pursuant to the State Taxation and Other Bills Acts Amendment Bill 200 2016.

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Increase of land Victoria transfer of land fees

Mar 25 , 2016

From the 1st July 2016 fees charged by the Land Titles Office to lodge Transfers of Land will increase dramatically if the purchase price is over $500,000.00, whereas prior to now, there was no increase in fees if there was any amount over $500,000.00. However, from now on, any property sold up to $1,500,000.00 will […]

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