Reduced Stamp Duty to continue for New Dwellings
Great news for investors and anyone buying brand new property! The NSW Government have extended the 50% Stamp Duty Concession to end June 2010. That's right another 6 months has been granted to take advantage of this huge discount and therefore significantly reducing your purchase costs.
As an investor there are significant tax advantages with buying new property along with low maintenance and being able to easily attract a good tenant.