Inside Property
Stamp Duty Changes Take Effect
One of the things unique to living in Noosa is that the transition from
winter to spring is almost an overnight event. One moment the mornings are
cooler, suddenly the heat arrives and we are all heading to the beach! It’s
almost as though our attitudes and moods get warmer with the average daily
temperature! Homeowners start heading back to the hardware stores for those
spring cleaning supplies. Rental, Sales and Holiday
activity increase. More properties come on the market traditionally at this
time of year. It is a great time to consider listing your property for sale if
you haven’t already done so. Sentiment is up with the Reserve Bank indicating
more interest rate cuts to come. Legislated changes to Stamp Duty on property
also came into effect on the 1st of September – with no Stamp Duty
payable on properties under $500 000 we are expecting to see a lot more first
home buyers actively enjoying the savings. We are experiencing increased
demand, especially from our international buyers. It’s a gorgeous time of year
to showcase your home at its best – the grass is green, the plants are yet to
battle the very hot days, Noosa overall is exquisite!
Till Next Week,
Olivier