A new temporary off-the-plan duty concession

Published on 21 October 2024

On 21 October 2024, the Victorian Government announced a new temporary off-the-plan land transfer (stamp) duty concession.

The new concession will be available for off-the-plan purchases of dwellings (including apartments and townhouses) within strata subdivisions where the contract is entered into from 21 October 2024, for 12 months.

The new concession is expected to be legislated shortly. 

The concession will benefit those who are not eligible for the existing off-the-plan concession, which still remains.  

Learn more about this new concession by visiting the temporary off-the-plan duty concession webpage.