Malinauskas stamps out stamp duty

RESIDENTIAL PROPERTY

SOUTH Australia’s Malinauskas government will abolish stamp duty for all first homebuyers as well as invest over half a billion dollars to develop two major housing developments which...

The stamp duty exemption will be available to all first home buyers who buy a new home (including a house, flat, unit, townhouse or apartment), an off-the-plan apartment...

As part of the 2024-25 Budget, The government will abolish property value thresholds for both the stamp duty exemption and First Home Owner Grant at a cost of $30 million over...

With the abolition of property value limits, a first homebuyer who purchases a new dwelling broadly in line with the median house price of $750,000 will receive a benefit of over...

First homebuyers building a home can also access a 2% deposit home loan available through HomeStart. Premier Peter Malinauskas said...

“We are amid a national housing crisis borne of successive governments failing to do enough to build new homes. In the last budget, we abolished stamp duty for some first homebuyers...

The bulk, $425 million will be spent redeveloping 36.4 hectares at Seaton for the construction of around 1,315 homes, comprising 865 houses and townhouses and...

Urban renewal will result in an additional 26,000 sqm of new public parks, in addition to the existing Pedlar Reserve. It is expected to be the largest and most complex project of...

Stage one of the redevelopment is already underway. A 2.1-hectare parcel of land was identified for redevelopment in 2019, with 35 tenancies in this area already relocated...

The government will invest a further $150 million to develop two parcels of vacant land at Port Noarlunga and Noarlunga Downs. The area is approximately 22.8 hectares to...

The project will deliver around 626 new homes – including 80 new SA Housing Authority homes, 15% affordable housing and a minimum of 12.5% new public open space...

“For thirty years state governments have been cutting the number of public homes. We are turning that around. We know housing is a key concern, and we will have more to say on...

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