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In SA, what stamp duty concession is available for first home buyers purchasing a new home?

Correct Answer

B) Eligible first home buyers may receive a stamp duty concession or exemption on the purchase of a new home up to a prescribed value threshold

SA offers stamp duty concessions for eligible first home buyers purchasing a new home. The concession may include a full exemption or discount depending on the property value, subject to prescribed thresholds and eligibility criteria.

Answer Options
A
No concession is available
B
Eligible first home buyers may receive a stamp duty concession or exemption on the purchase of a new home up to a prescribed value threshold
C
First home buyers pay double stamp duty
D
The concession only applies to buyers over 65

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Related Topics & Key Terms

Key Terms:

first home buyerstamp duty concessionvalue threshold
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