General
Stamp Duty: Significant Sydney and Melbourne Housing Markets Cost Barrier
Higher priced properties in Sydney and Melbourne is not the only obstacle stopping people from entering these markets.
Varying from state to state, another factor contributing to the high entry cost to housing is Stamp Duty, particularly in Australia’s largest two capital cities.
Levied by each state and territory and payable by the receiver when a property is transferred, stamp duty varies remarkably across the states and territories based on the price of the property, the type of buyer…
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