My concerns are pretty simple. Putting the stamp duty savings in buyers’ pockets will mean they will bid more on auction day, pushing house prices even higher. I predict that prices will rise by about 2 to 3 per cent as a result. Meaning a $600,000 property with a 3 per cent rise would add $18,000.
Will that push those still saving for a deposit out of the market? Find out here.[/fusion_text][fusion_text] [/fusion_text][/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]