NSW STATE GOVERNMENT STAMP DUTY CONCESSION
The NSW Government has developed a new package of measures designed to improve housing affordability across NSW.
The duty paid when buying residential property can be an obstacle for first home buyers. For those entering the market, the NSW Government is abolishing this duty on new and existing homes worth up to $650,000.
For properties valued at between $650,000 and $800,000, the duty concession will be gradually reduced.
Quantum Special Offer all new Home Buyers
- Stamp Duty Free on selected properties
- 5% Deposit
- Complimentary Move-In Package
-French Door Fridge
-Engineered Flooring Throughout
-Ezi Sense 7kg Washing Machine
The amount you get in SD rebate differs depending on the price of the property you are buying:
|First home purchase price||Ordinary stamp duty||Savings for first home buyers of new dwellings*|
To be eligible for the grant
- The home is a brand-new home
- You are over 18
- You or your spouse (including de facto spouse) have never held a relevant interest in any residential property in Australia prior to 1 July 2000.
- However, you may be eligible if you or your spouse, including de facto spouse, have only had a relevant interest in any residential property in Australia on or after 1 July 2000 and you have not resided in that property for a continuous period of at least 6 months.
- The value of the property must not exceed the First Home Owner Grant Cap of $600,000 (for the purchase of a new home)
- You have not received a first home owner grant in any State or Territory, unless subsequently repaid
- You need to live in the home for a continuous period of at least 6 months
- At least one applicant is a permanent resident or Australian citizen
- Each applicant must be a natural person and not a company or trust
814 Old Princes Highway Sutherland
To book your VIP appointment call
1800 860 898
DISCLAIMER: This offer is subject to you obtaining approval under the New South Wales First Home Owners Grant (refer to conditions at http://www.revenue.nsw.gov.au/grants/fhog and an approval for a first home buyers loan. Quantum hols ACL 305 605 and is able to help source a suitable loan for applicants. Potential buyers need to visit our display suite at 814 Old Princes Highway, Sutherland.