West Australians returning to their home State are adding to the current high demand for rentals. Real Estate Institute of Western Australia (REIWA) data for the June quarter shows the number of properties for lease shrank by 27 per cent. Jones and Co director Kelly Jones said rental listings in the Perth metropolitan area were …
Real estate industry leaders are urging Western Australia’s major political parties to follow Canberra’s lead and abolish stamp duty. Jones and Co director Kelly Jones said Canberra was leading the nation on stamp duty reform, but in Western Australia the tax remained the most substantial barrier to homeownership. She said a buyer of a $500,000 …
WA urged to follow Canberra’s lead on stamp duty reform Read More »
Scaling back stamp duty in Western Australia is long overdue, according to Kelly Jones, Director of Jones and Co. “Stamp duty is an inefficient tax that’s reviled by industry and consumers ,” Kelly said. “It’s by far the worst of the taxes that homeowners are hit with and it’s time it was replaced by a …
With low interest rates and the median sale price for Perth sitting under $480,000, it’s perfect conditions for acquiring an affordable home. Jones and Co director Kelly Jones said there were currently plenty of accessible and affordable areas for people wanting to enter the market or even upsize. “Good value properties in suburbs like Bassendean …
Value properties for under the median sale price Read More »
Stamp duty is a State Government transfer fee and must be paid prior to settlement on every property purchased. The amount will depend on the home’s value, type of property and whether or not you’re a first home buyer or a foreign purchaser. If you fall outside these categories then stamp duty will cost you …