Rebalancing the off-the-plan stamp duty concession

From 1 July 2017, the off the plan stamp duty concession will only be available for those who qualify for the principal place of residence stamp duty concession or the first home buyer stamp duty exemption/concession. The concession will no longer be available for other purchases, such as residential investment properties and commercial properties.

Read more: http://www.vic.gov.au/affordablehousing/buying-a-house-in-victoria/re-balancing-the-market.html