What methods can I use to reduce stamp duty costs in SA?
You can cut down on stamp duty in South Australia through:
- First Home Buyer Concessions: Get exemptions or reduced rates on properties under certain thresholds.
- Off-the-Plan Concessions: Potential discounts for off-the-plan purchases, especially for first home buyers.
- Principal Place of Residence Exemption: Lower rates for properties used as your primary home.
- Regional Initiatives: Reduced rates in some regional areas to boost property buying.
For more details and eligibility, check with a conveyancer or visit the SA Revenue Office.