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9 February 2013


STATE GOVERNMENT’S PROMISE ON STAMP DUTY CUTS Victorian home buyers currently pay the highest stamp duty rates of any state in Australia. Therefore the real estate industry has welcomed the commitment by the new Coalition State Government to cut stamp duty for all eligible first home buyers. Mr Baillieu promises that existing rates will be trimmed by 20 per cent from July 1 next year under his plan and by a further 10 per cent in each following year of a Coalition government. Many agree that the overall 50 per cent cut for first home buyers will go a long way to addressing affordability for first home buyers and bring Victorian rates in line with other states across Australia.

Yarraville

104 Somerville Road 9316 9000

Williamstown 1/66 Douglas Parade (Corner Stevedore Street) 9393 1600 www.jasstephens.com.au

The new government has also pledged to maintain the current first home buyers grant and bonus for new homes. This means that as of 1 July 2011 the first home buyer of an established home with a value of under $600,000 will be entitled to a 20 per cent cut to stamp duty and the $7,000 First Home Buyer Grant. On an existing home that costs the new buyer $400,000, the current stamp duty payable is $16,370. From 1 July that will drop by $2,890 to $13,480. In addition, the first home buyer will still be entitled to the state’s $7,000 grant. Buyers of a newly constructed home in metropolitan Melbourne will retain an entitlement to the bonus worth $13,000 and those buying a new home in regional Victoria will retain their entitlement to a total of $20,500. For further information regarding stamp duty changes and first home buyers grants and bonuses, check the State Revenue Office website at www.sro.vic.gov.au. Craig J. Stephens Managing Director / Officer in Effective Control M 0418 547 938

As a service to our vendors, we will require names & phone numbers on entry of all inspections. Privacy Act 2000: We use personal information collected from you during open for inspections for security purposes. We may also use that information to contact you with respect to this property and others we believe may be of interest to you. Also, we may contact you in relation to other services provided by us or our associates such as insurance, mortgages and loans. By providing your information to us you agree to our use of it as described above unless you advise us differently. If the information is not provided we may not be able to provide an effective and comprehensive service to you. (Your personal information will be collected and held in accordance with provisions of the Information Privacy Act 2000). We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. We strongly recommend that you clearly register your interest with our representative at the open for inspection, so that in the event of a sale being imminent, your position is protected. We make every effort to contact all interested parties prior to a property being sold.


MEET THE TEAM

MAREE CECCHIN

ANNA GRECH

ASTRID JANE

ALAN STEPHENS

REECE GOSSTRAY

Sales Trust Administrator

Senior Sales Consultant

Sales Consultant

Chairman

Phone 9316 9025

Mobile 0438 446 051

Mobile 0402 211 660

Mobile 0411 242 638

Project Sales Manager – Banbury Village

Email salessec@jasstephens.com.au

Email agrech@jasstephens.com.au

Email ajane@jasstephens.com.au

Email astephens@jasstephens.com.au

MARK HUTCHESON

NICOLE GRECH

LACHLAN McCRAW

RACHEL WHITE

MAX WALLER

Sales Consultant

Marketing Manager

Mobile 0448 820 445

Mobile 0423 590 508

Business Development Manager (Property Management) - City of Maribyrnong

Business Development Manager (Property Management) - City of Hobsons Bay

Director Provincial Home Loans

Email mhutcheson@jasstephens.com.au

Email ngrech@jasstephens.com.au

Mobile 0400 335 498

Mobile 0431 597 601

Email lmccraw@jasstephens.com.au

Email rwhite@jasstephens.com.au

Mobile 0418 378 276 Email rgosstray@jasstephens.com.au

Mobile 0438 430 436 Email maxwaller@provincialhomeloans.com.au


Jas Stephens Magazine 9 February 2013  

Jas Stephens Magazine 9 February 2013

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