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10% stamp duty? I looked at qld stamp duty calculators for range...

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blueballs

18,284 Posts.

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23/03/24

18:16

Post #: 73027592
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Originally posted by Furpo2 ↑

Of course there has to be some guidance with regulation.

But some State governments have lost the plot and warped the housing market.

In Queensland stamp duty is about 10% for an owner/occupier
- what I paid on a property.

But if I was going to lease it out, the tax DOUBLES.

Rentals are hard to find in Queensland
That is why I bought.

As a former investor in Victoria, The Residential Tenancies Act was the killer.
Bad tenants can't be evicted under the Act - some destroy your hard earned investment.

Have a small equity left in rental, will be sold this year.
Then no more rentals - yippee.

Property iinvestors do have to make an income (milk on the weeties)
otherwise they will not be there next year.

The feds too, promise to build 1000s of homes, like the states
Reality: they build nothing

Then the idiots import half a million migrants.

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10% stamp duty?

I looked at qld stamp duty calculators for range of prices and was around 4%… what price did you pay for this house and what amount of stamp duty did you pay?

I think you’re over exaggerating from what I’ve seen
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