Month: October 2022

First home buyers can swap stamp duty for ongoing land tax

As part of the 2022-23 Budget, the NSW Government announced that eligible first home buyers will have the choice of a smaller annual property payment (ongoing land tax) or a traditional upfront payment (stamp duty) for properties with a purchase price of up to $1.5 million. Legislation recently introduced to parliament proposed first home buyers.

Three key features successful property investors look for

You may have read the recent article in Daily Mail Australia outlining how a property investor who bought his first two-bedroom unit at the age of 18 after saving for the deposit on a $26,000-per-year McDonald’s salary has purchased an additional 12 homes in just six months. Eddie Dilleen, from Mt Druitt in western Sydney,.