I got it straight from the horses mouth, so to speak, the land tax office in WA
here is the point about exemptions in changing houses
http://www.finance.wa.gov.au/cms/content.aspx?id=244
you may well pay that amount which is more than 1.5 times the amount I quoted
I quoted the figure on one million....you are talking about 1.6 million, a huge difference
here are the rates... and correct as I quoted them
http://www.finance.wa.gov.au/cms/content.aspx?id=239
you would need approx 5 properties with a land value of around 300k's each to get into that next bracket
which means you would be holding about 3 million in market value of properties
so $4000 is not an arm and a leg, in my view, in that context
it is all horses for courses...
if you are earning a higher amount than the average person, the costs rise accordingly...
cheers
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I got it straight from the horses mouth, so to speak, the land...
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