Ankush Khanchi

Ankush Khanchi Property Consultant
[email protected]
0450 169 931 | 03 9571 7777

SOLD SOLD SOLD πŸ“49/115 Neerim Road, Glen Huntly
27/09/2024

SOLD SOLD SOLD πŸ“49/115 Neerim Road, Glen Huntly

🚨 Important Update for Property Buyers and Sellers in Victoria! 🚨This year brought some changes to property laws that co...
11/09/2024

🚨 Important Update for Property Buyers and Sellers in Victoria! 🚨

This year brought some changes to property laws that could affect your transactions. Here’s a quick rundown:

**Land Tax Changes:** Buyers no longer have to share the burden of the seller’s land tax at settlement. This means no more covering the previous owner’s land tax debt! πŸ™Œ

**Windfall Gains Tax (WGT):** Good newsβ€”WGT assessed before the sale date can no longer be passed on to buyers at settlement. πŸ’°

**Vacant Land Tax:** This tax now applies to all vacant residential land across Victoria. If your land has been vacant for six months or more, expect this tax to apply. 🏑

These updates aim to make property transactions fairer, so it’s essential to stay informed. If you have any questions or need guidance, we’re here to help you navigate your property journey smoothly!

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485 North Road, Ormond
Melbourne, VIC

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