Browse Forums Buying Land 1 Aug 17, 2019 9:54 pm I am a first home owner looking at buying a piece of land in Victoria to build on. As first homer buyer I should be eligible for stamp duty exemption, however my mortgage broker has told me that I will have to pay stamp duty on the land but will get it back as a refund when i start to build the house. Is this true? I want to wait a year before building in order to get my plans and permits in place but would really appreciate not having to pay the stamp duty if I am eligible for the exemption. Not much in this responce. My suggestion is, what are you looking to build and why. This will all be impacted by the local councils planning scheme. Familiarise yourself… 6 4946 Yep, very good point. I’ll do more research and see what figures I get. Thank you! 8 2462 Thanks NativeZen! I can't wait to start landscaping, though it's going to be a while away yet. No movement on site yet as of the weekend. Hoping to see some earthworks… 3 2148 |