financial planning & lending specialists 03 9686 4976


From 1 July 2017 Stamp Duty was abolished for First Home Buyers purchasing up to $600,000 and phased in on a sliding scale for purchases between $600,001 and $750,000! 

It’s the government’s latest scheme to help First Home Buyer’s get on the property ladder, but what will the real impact be?

Many expect the change will do little more than drive up prices in the sub $600,000 market, so it will be interesting to see the auction results over the "spring selling" months ahead. 

Will smart first home buyers with a healthy deposit rush to buy before prices soar? 
Is it enough to encourage those who had given up on the dream of home ownership to cut back on brunch and start saving? 

We hope so!

We love helping First Home Buyers get their keys sooner.  We explain the full costs of purchasing and the different loan structures and products available. We also go through the impact of future interest rate changes, and how personal changes at different life stages could affect repayments, to ensure our clients are in control and comfortable with their loan amount. 

We understand how hard it is to save for a deposit, so we don't charge for our lending services as we get paid by the lender for taking care of the application and settlement processes. This means our clients receive expert advice and support through the whole process without a bill at the end of an already expensive time! 

The chart below shows how the new concession works in Victoria. For different purchase prices, calculate here or ask us, we're happy to help! 

Please note that concessions vary from state to state. 


If you or someone you care about needs help understanding the buying and loan process please give us a call on 03 9686 4976 or email info@choicecapital.com.au.