What if I want to buy or sell during the Christmas break period?
Posted
on 21 December 2016
Generally, there is no active marketing of real estate during the week's break between Christmas Day, and New Year's Day. So relax and do some planning and reflection (mixed in around your festive celebrations!), to get prepared for when the action starts once again in January.
Whilst our office is not open during the Christmas break, please feel welcome to send us an email via our "Contact Us" page.
Let us know whether you have found the perfect property ...
Stamp duty surcharge for residential property
Posted
on 15 September 2016
The NSW Budget introduced a 4 per cent surcharge duty on the purchase of residential real estate by foreign persons, commencing on 21 June 2016. The surcharge is in addition to the duty payable on the purchase of residential property.
What is a foreign person?
The Office of State Revenue has a defined list of what a foreign person means, including (but not limited to):
an individual not ordinarily resident in Australia; or
a corporation in which an individual not ordi...