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As part of the 2025–2026 Victorian State Budget announced on 20 May 2025, the Victorian government has confirmed that it intends to extend the availability of an expanded off-the-plan stamp duty concession for a further 12-month period. Under the expanded concession regime, purchasers are able to apply a duty concession to the purchase of apartments and townhouses (other than detached dwellings) off the plan.
30 May 2025 Australia Real Estate and Tax Alert As part of the 2025–2026 Victorian State Budget announced on 20 May 2025, the Victorian government has confirmed that it intends to extend the availability of an expanded off-the-plan stamp duty concession for a further 12-month period. Under the expanded concession regime, purchasers are able to apply a duty concession to the purchase of apartments and townhouses (other than detached dwellings) off the plan.
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