Real Estate Matters
About This Show
Real Estate Matters provides lots of information about ‘the game of real estate’. It is especially for new players.
So if you are a first time renter, first home buyer or first time investor this is podcast series is designed for you.
Toni Planinsek talks with lots of people - both professionals and beginners about all the different aspects of getting
into property. Through hearing the stories from both sides you will learn not only the basic real estate information,
but the tips and tricks of the trade. You will be able to move into property like a pro - independently and with confidence.
Most Recent Episode
Understanding Stamp Duty Changes with Peter Gray - EP40
< 1 day ago
Changes to stamp duty in Victoria are coming on 1 July 2017. Do you know how they’ll affect you? In this episode of Real Estate Matters, Toni invites Peter Gray back to the show to discuss the stamp duty changes coming into effect, how first-time buyers could save as much as $30,000 under the new laws, and how the new laws might affect the real estate market in Victoria. Peter and Toni first look at the financial limits of the new laws, as it pertains to property in Victoria. They then discuss the potential effects on the market, particularly concerning young people and first-time buyers, and properties below the new stamp duty threshold. Will it depress house prices as first-time buyers look for less expensive properties, so they can take advantage of the new tax break? Or will it push prices of smaller homes up, as more buyers make that market more competitive? Toni and Peter share what they think will happen. Finally, Toni and Peter discuss what they think the government’s motivation is in imposing the new laws. They discuss why house prices in Australia are too high, but can’t be reduced. And they discuss what advice they might give to their own young family members looking to get in on the market. Topics Covered What is stamp duty? What does the new legislation say with regards to who owes stamp duty, and how much? How the new stamp duty laws interact with the laws regarding off-the-plan purchases With first-time buyers paying no stamp duty below $600k, how will the rental market change? The ways that the under-$600k property market could change How do we define “The Market”? How long could this stamp duty benefit last? Why can’t the government just bring down all house prices? Learn More About the New Laws Frequently asked questions (FAQs) about the new laws in Victoria are available on the State Revenue Office’s website. Additionally, buyers can get more information about applying for the concession on the special page set up just for first-time buyers. The stamp duty exemption/concession is in addition to the First Home Owner Grant (FHOG); more information is available