Stamp Duty for Investment Property
Government charges differ when purchasing an investment property compared to the purchase of an owner-occupied property. Invariably, costs applied to investments are higher. Additionally, different cost scales apply across different states; as an investor, stamp duty payable may be a material factor in where you purchase your investment property and may influence your final decision.
Although there are tax deductions applicable to stamp duty paid over a period of time, paying less stamp duty may be of importance to you. Please consult with your tax accountant.