The game-changing incentive for first-time buyers in NSW
The state government has increased the stamp duty threshold, so buyers don't have to pay anything up to $800,000.
On this episode, Smart Property Investment’s Phil Tarrant sits down with Eva Loisance from Finni who explains that this change in stamp duty exemptions will lift roadblocks for first-time buyers in the $800,000 price range.
Eva takes listeners through a real-life example of a young couple, Josh and Lisa, who have been saving for years and now have $60,000, and what the exemption means for them. She also outlines further opportunities from the stamp duty threshold, the risks involved and how best to mitigate them.
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