Revenue NSW released their data to end September today. Residential transfers are significantly down on recent trends.
This will put a hole in the state budget. They note:
Data as at 01 October 2019. Report includes all Land Related Transfer Duty documents lodged with Revenue NSW between 01-Jul-2009 and 30-Sep-2019.
Report includes all Land Related Property Sales excluding Fixed Duty and Exemptions (except FHPlus, First Home New Home and First Home Buyers Assistance).
Report is only as accurate as information provided by clients.
