McGrath Weekly Magazine July 08 2017 Vic

Swansong “Of all the noises known to man, opera is the most expensive� - Moliere

8 JULY 2017

Home loans made simple.

That's refreshing.

oxygen.com.au

McGrath Oxygen Home Loans Pty Ltd ACN 103 177 377 Australian Credit Licence Number 390351

Stamp duty ACT Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

250,000

4,000

700,000

22,360

1,150,000

50,700

1,700,000

83,470

2,600,000

Duty ($) 127,660

300,000

5,200

750,000

24,750

1,200,000

54,100

1,800,000

88,380

2,700,000

132,570

350,000

7,100

800,000

27,900

1,250,000

57,500

1,900,000

93,290

2,800,000

137,480

400,000

9,000

850,000

31,050

1,300,000

60,900

2,000,000

98,200

2,900,000

142,390 147,300

450,000

10,900

900,000

34,200

1,350,000

64,300

2,100,000

103,110

3,000,000

500,000

12,800

950,000

37,350

1,400,000

67,700

2,200,000

108,020

3,500,000

171,850

550,000

15,190

1,000,000

40,500

1,450,000

71,100

2,300,000

112,930

4,000,000

196,400

600,000

17,580

1,050,000

43,900

1,500,000

73,650

2,400,000

117,840

4,500,000

220,950

650,000

19,970

1,100,000

47,300

1,600,000

78,560

2,500,000

122,750

5,000,000

245,500

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

250,000

7,240

700,000

26,990

1,150,000

48,740

1,700,000

78,990

2,600,000

128,490

300,000

8,990

750,000

29,240

1,200,000

51,490

1,800,000

84,490

2,700,000

133,990

350,000

11,240

800,000

31,490

1,250,000

54,240

1,900,000

89,990

2,800,000

139,490

400,000

13,490

850,000

33,740

1,300,000

56,990

2,000,000

95,490

2,900,000

144,990

450,000

15,740

900,000

35,990

1,350,000

59,740

2,100,000

100,990

3,000,000

150,490

500,000

17,990

950,000

38,240

1,400,000

62,490

2,200,000

106,490

3,500,000

185,490

NSW

550,000

20,240

1,000,000

40,490

1,450,000

65,240

2,300,000

111,990

4,000,000

220,490

600,000

22,490

1,050000

43,240

1,500,000

67,990

2,400,000

117,490

4,500,000

255,490

650,000

24,740

1,100,000

45,990

1,600,000

73,490

2,500,000

122,990

5,000,000

290,490

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

250,000

2,500

700,000

17,350

1,150,000

39,475

1,700,000

71,100

2,600,000

122,850

300,000

3,000

750,000

19,600

1,200,000

42,350

1,800,000

76,850

2,700,000

128,600

350,000

3,500

800,000

21,850

1,250,000

45,225

1,900,000

82,600

2,800,000

134,350

400,000

5,250

850,000

24,100

1,300,000

48,100

2,000,000

88,350

2,900,000

140,100

450,000

7,000

900,000

26,350

1,350,000

50,975

2,100,000

94,100

3,000,000

145,850

QLD

500,000

8,750

950,000

28,600

1,400,000

53,850

2,200,000

99,850

3,500,000

174,600

550,000

10,600

1,000,000

30,850

1,450,000

56,725

2,300,000

105,600

4,000,000

203,350

600,000

12,850

1,050,000

33,725

1,500,000

59,600

2,400,000

111,350

4,500,000

232,100

650,000

15,100

1,100,000

36,600

1,600,000

65,350

2,500,000

117,100

5,000,000

260,850

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

Price ($)

Duty ($)

250,000

8,870

700,000

37,070

1,150,000

63,250

1,700,000

93,500

2,600,000

143,000

300,000

11,370

750,000

40,070

1,200,000

66,000

1,800,000

99,000

2,700,000

148,500

350,000

13,870

800,000

43,070

1,250,000

68,750

1,900,000

104,500

2,800,000

154,000

400,000

16,370

850,000

46,070

1,300,000

71,500

2,000,000

110,000

2,900,000

159,500

VIC

450,000

18,970

900,000

49,070

1,350,000

74,250

2,100,000

115,500

3,000,000

165,000

500,000

21,970

950,000

52,070

1,400,000

77,000

2,200,000

121,000

3,500,000

192,500 220,000

550,000

24,970

1,000,000

55,000

1,450,000

79,750

2,300,000

126,500

4,000,000

600,000

31,070

1,050,000

57,750

1,500,000

82,500

2,400,000

132,000

4,500,000

247,500

650,000

34,070

1,100,000

60,500

1,600,000

88,000

2,500,000

137,500

5,000,000

275,000

Home loans made simple. That’s refreshing. oxygen.com.au McGrath Oxygen Home Loans Pty Ltd ACN 103 177 377 Australian Credit Licence Number 390351 *The amounts shown are the stamp duty rates only, which are a State Government tax payable by the purchaser of real estate (in ACT, NSW, QLD & VIC) based upon the purchase price. The duty is payable to the relevant state government department where the property is located. Some first home buyers may be eligible for a concession on stamp duty. Stamp duty rates for QLD and ACT are based on an established owner occupied property only. The above information has been obtained from sources we believe to be reliable. We cannot guarantee its accuracy and interested persons should rely on their own enquiries. For more information please contact the Office of State Revenue, in the state in which the property your enquiries relate to, or call your McGrath Estate Agent. Š McGrath Limited 2017