Business
Melbourne’s 69,000 ‘ghost homes’ add to housing affordability woes – The Age
Landlords are leaving thousands of residential properties empty across metro Melbourne as property prices defied predictions of double-digit falls and notched gains…
Many owners, like Matt Doran, who has since put his three bedroom Blackburn home on the market, are simply unaware of the state’s vacant residential land tax, introduced in 2018, for which they are now required to “self-report”.
“We pay land tax on our second property, but I’ve never been made aware of it
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