THE FIRST HOME

THE FIRST HOME

Even though the stamp duty rates are high making it a barrier for many investors, one way to save on stamp duty is to shop for your dream home in New South Wales. Though Sydney is one of the world’s most expensive cities, a short trip north or south can lead to beautiful locations at a reasonable price. NSW is the most generous states when it comes to buying your first home. Their First Home – New Home Scheme provides eligible buyers with exemptions from stamp duty on new homes valued up to $550,000 and concessions for new homes valued between $550,000 and $650,000. To cut costs, if you are first home buyer, then you may want to start your search for your dream home in NSW.

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