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The steadily growing house prices can be attributed to several factors including inflation, population growth, supply and demand, interest rates, and tax policies, to name a few.
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Stamp duty is a tax imposed by state governments in Australia on the purchase of assets such as real estate. This includes title transfers in real estate, vehicles, insurance policies and home loans.
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Wondering if you should buy off the plan? Here are some pros and cons of buying a property off-the-plan.