First home buyers can now choose between paying stamp duty or property tax. Stamp duty is payable when you purchase a property and the amount to be paid is calculated from the dutiable value (normally the purchase price) of the property, where the property tax will be an annual payment and the amount payable will …
From the 1 October 2022 Planning Certificates (Section 10.7 Certificates) will be altered to reflect the requirements set out in Environmental Planning and Assessment Regulation 2021 (2021 EP&A Regulation). Changes to the Section 10.7 Certificates were made to reduce complexity, it removes information not useful to any proposed Purchaser. The new certificate focuses on information …
A question we get asked quite often is can we sell our property without a real estate agent? The answer is, yes. However, to put the property on the market you still need to have a Contract for Sale of Land prepared and, in your possession, before you can market the property or before any …
The new land tax thresholds for year 2022 are:- General threshold is $822,000.00 Premium threshold is $5,026,000.00 If you have recently purchased an investment property it is a good idea you speak to Revenue NSW to see if land tax will be payable. If you fail to register for land tax Revenue NSW may impose …
