Stamp duty in NSW has not been abolished for new home buyers if...

  1. 375 Posts.
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    Stamp duty in NSW has not been abolished for new home buyers if the purchase of the new property is over 500k. Lets face it there are not many suburbs within 30 minutes of the city which you can buy a house for under 500k (if anywhere).

    http://www.osr.nsw.gov.au/benefits/first_home/general/fhplus/
 
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