Originally posted by picastoc:
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In an environment of soft house prices you mean. I quoted Victorian Stamp Duty so I will try an $800,000 outside Melbourne but in Victoria. Not too many couples in the dotage want to change from City to Country and even less do they wish to change the State they live in.
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"The idea of upgrading one's own property, even extending it if they wish"
Just one of the many ways of helping to get under the Age pension asset test limit and thus qualifying for thousands of dollars a year franking credit refund.
