Stamp duty on building your own
Mar 15th 2006, 4:59 pm
#1
BE Enthusiast
Thread Starter
Joined: Oct 2005
Location: Blighty
Posts: 950
Stamp duty on building your own
Hi all,
Does anyone know what Stamp duty is payable if you build yourself.
(particulary in Melbourne)
Is it calculated on the land or build or both?
For example.
Plot cost: $150000
Build cost £350000
Total cost : $450000
Much appreciated
TC
Does anyone know what Stamp duty is payable if you build yourself.
(particulary in Melbourne)
Is it calculated on the land or build or both?
For example.
Plot cost: $150000
Build cost £350000
Total cost : $450000
Much appreciated
TC
Mar 15th 2006, 5:10 pm
#2
Forum Regular
Joined: Mar 2005
Posts: 269
Re: Stamp duty on building your own
my maths aint up to much but do them figures tally ? 
Originally Posted by touchingcloth
Hi all,
Does anyone know what Stamp duty is payable if you build yourself.
(particulary in Melbourne)
Is it calculated on the land or build or both?
For example.
Plot cost: $150000
Build cost £350000
Total cost : $450000
Much appreciated
TC
Does anyone know what Stamp duty is payable if you build yourself.
(particulary in Melbourne)
Is it calculated on the land or build or both?
For example.
Plot cost: $150000
Build cost £350000
Total cost : $450000
Much appreciated
TC
Mar 15th 2006, 5:11 pm
#3
The Godfather
Joined: Feb 2004
Location: South East Suburbs of Melbourne
Posts: 7,336
Re: Stamp duty on building your own
Its only calculated on the land.
Mar 15th 2006, 5:32 pm
#4
Where I want to be
Joined: Jan 2005
Location: In my own head
Posts: 3,220
Re: Stamp duty on building your own
Originally Posted by skyblue
my maths aint up to much but do them figures tally ?
Mar 15th 2006, 5:41 pm
#5
The Godfather
Joined: Feb 2004
Location: South East Suburbs of Melbourne
Posts: 7,336
Re: Stamp duty on building your own
Originally Posted by ub40fan
No, I know i am old and nowadays they use calculators, but I am sure it should be $500,000
Hope hes not coming out as an accountant. :scared:
Mar 15th 2006, 6:24 pm
#6
flirt
Joined: Feb 2006
Location: lincoln
Posts: 1,264
Re: Stamp duty on building your own
wicked, thats really given me a giggle
Mar 15th 2006, 6:37 pm
#7
Melbourne Australia
Joined: Feb 2006
Posts: 4,169
Re: Stamp duty on building your own
Originally Posted by Bordy
Hope hes not coming out as an accountant. :scared:
Mar 15th 2006, 6:38 pm
#8
BE Enthusiast
Joined: Dec 2003
Location: Tyabb, Mornington Peninsula, Victoria, Australia
Posts: 563
Re: Stamp duty on building your own
Originally Posted by stutess
wicked, thats really given me a giggle
Mar 15th 2006, 6:46 pm
#9
flirt
Joined: Feb 2006
Location: lincoln
Posts: 1,264
Re: Stamp duty on building your own
Originally Posted by andy thomas
Can you lend me $450000, I'll need $150000 up front then $350000 after that and I'll pay you back in full the day after plus $5000 bonus.
Mar 15th 2006, 6:51 pm
#10
BE Forum Addict
Joined: Sep 2005
Location: Gold Coast
Posts: 1,343
Re: Stamp duty on building your own
Originally Posted by stutess
this is better than coronation street, hubby is wondering what I'm laffin at, carry on with the post
Mar 15th 2006, 6:52 pm
#11
flirt
Joined: Feb 2006
Location: lincoln
Posts: 1,264
Re: Stamp duty on building your own
Originally Posted by grahampaula
Go on then but only if you give me a $5000 bonus lol
Mar 15th 2006, 7:37 pm
#12
BE Enthusiast
Thread Starter
Joined: Oct 2005
Location: Blighty
Posts: 950
Re: Stamp duty on building your own
Originally Posted by Bordy
Hope hes not coming out as an accountant. :scared:
Sad thing is that I am!!!!!!!
and I was at work for the world's biggest company when I decided to take a break and post my original calculation
!!!!
Mar 15th 2006, 7:49 pm
#13
flirt
Joined: Feb 2006
Location: lincoln
Posts: 1,264
Re: Stamp duty on building your own
Originally Posted by touchingcloth
Sad thing is that I am!!!!!!!
and I was at work for the world's biggest company when I decided to take a break and post my original calculation !!!!
and I was at work for the world's biggest company when I decided to take a break and post my original calculation
!!!!
Mar 15th 2006, 7:52 pm
#14
Lost in BE Cyberspace
Joined: Nov 2005
Location: at the bottom of a wine glass
Posts: 28,176
Re: Stamp duty on building your own
Originally Posted by touchingcloth
Sad thing is that I am!!!!!!!
and I was at work for the world's biggest company when I decided to take a break and post my original calculation !!!!
and I was at work for the world's biggest company when I decided to take a break and post my original calculation
!!!!You have cheered me up, I'm going to send you some Karma later
