
The Victorian Liberals and Nationals are calling for stamp duty relief for Victorian first home buyers in the upcoming state budget. π‘π Victorian first home buyers are only fully exempt from paying stamp duty on properties sold for less than $600,000. The median price for a home in Melbourne is $956,000, meaning that many first home buyers miss out on any stamp duty relief. Ever increasing stamp duty is one of the most significant barriers to home ownership β there must be relief in this budget.