Weekly Slice 309: Melbourne $0 Stamp duty if Liberals get in - Growth Trigger? with Junge Ma & Todd Sloan
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Victoria's opposition is promising to axe stamp duty for first-time buyers. Will it actually spark a Melbourne property boom? The data from last time says the answer is more complicated than the headlines suggest.
Todd sits down with Junge Ma from InvestorKit to walk through three real Victorian case studies, from the gradual concessions of 2011 through to the full stamp duty waiver of 2017, and what the charts actually reveal about buyer behaviour. Stamp duty concessions alone produced a short-lived surge at best. The real catalyst was something far less politically exciting: interest rate cuts.
With Victoria carrying record state debt and affordability constraining almost every buyer group, this episode is a must watch for anyone weighing up whether Melbourne is still worth investing in. The numbers, the risks, and the upside, without the hype.
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