We're extending the off-the-plan Stamp Duty Concession for another year, to get more Victorians into homes.
This means cutting upfront costs, speeding up building, and an average saving of $25,000 for homebuyers.
Anyone buying an eligible apartment, unit or townhouse off-the-plan can claim the concession – not just first home buyers and owner-occupiers.
And we've removed the cap, so that the concession applies to properties of any value.