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Single taking advantage of stamp duty concession

Family type: Single

Investment strategy: Owner occupier

Property type: Apartment

Total investment properties in portfolio: 1

Location: Bundoora, Melbourne, VIC

Performance: 12.23% capital growth / Moved In: 1.5 years ago

The investor’s goal

This investor wanted to take advantage of the stamp duty concession the state of Victoria had for buying off the plan before they changed the regulation (within 6 weeks at the time).

They had specific criteria as this was for their principal place of residence, on a very conservative budget. All boxes were ticked.

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