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Stamp Duty Concession

Land transfer (stamp) duty

  1. Bringing forward the 50% land transfer (stamp) duty concession for commercial and industrial properties in regional Victoria — applies to contracts entered into on or after 1 January 2021.

  2. A land transfer (stamp) duty waiver of up to 50% on purchases of residential property in Victoria with a dutiable value of up to $1 million — applies to contracts entered into on or after 25 November 2020 and before 1 July 2021.

https://www.sro.vic.gov.au/victorian-budget-2020-21-announcements

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