• About Us
    • Our Team
    • The Lending Process
    • Our Panel of Lenders
    • Privacy Policy
  • Home Loans
    • First Home Buyers
    • Loan Repayment Calculator
    • Budget Planner
  • Refinance
  • Invest
  • Business Loans
  • Credit Impairment
  • Resources
  • Contact
    • Covid-19 Hardship Contacts
Amplified Group Lending Solutions

WA Government off-the-plan duty rebate scheme

15/7/2020

Comments

 
Picture
This is general advice only and is a brief summary. For full details please click here and seek specific advice.

What? Rebate of stamp duty and foreign buyers duty for multi-tiered developments (apartments)
​
How? Sign a pre-construction contract between 23 October 2019 and 23 October 2021
Sign a contract to purchase a new unit or apartment already under construction between 4 June 2020 and 31 December 2020
When? Construction must be completed within 36 months of the contract being entered into

Tests? Must be a multi-tiered development (apartments)

Limits? 75% of the duty paid, capped at $50k max for a pre-construction contract
75% of the duty paid, capped at $25k max for a contract under which construction has already commenced
There is no cap on purchase price
Multiple rebates can be paid on separate transactions

Who? Owner occupiers and investors
Natural persons, corporations, trusts and foreign buyers
Applicant must be named on the pre-construction contract

Apply? Within 12 months of the completion date

To discuss the scheme in more detail, or to find out how much you qualify to borrow to purchase off the plan, contact us for an obligation free appointment.
Comments

    Categories

    All

    RSS Feed

HOME | ABOUT US | LENDING SOLUTIONS | NEWS | CONTACT US
Australian Credit License 485 151   |   ABN: 37 600 872 517
We receive services to support the broking services we give you.  We receive mortgage aggregation services from PLAN Australia.  Sometimes they collect personal
information about customers to manage customer enquiries or complaints, commission payments or file reviews.  If you want to find out how they manage your personal information,
​please click: http://www.planaustralia.com.au/privacy-policy
The SEO Shop - Building Websites That Google Loves
  • About Us
    • Our Team
    • The Lending Process
    • Our Panel of Lenders
    • Privacy Policy
  • Home Loans
    • First Home Buyers
    • Loan Repayment Calculator
    • Budget Planner
  • Refinance
  • Invest
  • Business Loans
  • Credit Impairment
  • Resources
  • Contact
    • Covid-19 Hardship Contacts