Posted on

You’re paying more stamp duty than your parents

You’re paying more stamp duty than your parents

Stamp duty is costing homebuyers up to six times more than it did a generation ago, with home prices outpacing pay packets over the past four decades.

New PropTrack-e61 Institute research finds that stamp duty costs have grown at least fourfold for median-priced homes in Australia’s capital cities compared to average incomes since the early 1980s.

Subscribe for more property news, insights and inspiration: https://rea.to/joe-z

Follow us on Facebook: https://www.facebook.com/realestateAus
Follow us on Instagram: https://www.instagram.com/realestateaus/