Reduced Stamp Duty

The full 50 per cent discount will only apply to newly built homes valued up to $1 million and will be in place until the end of June, 2021.

Those buying existing homes will receive a 25 per cent discount on stamp duty, up to the same value.

https://www.domain.com.au/news/victorian-budget-stamp-duty-for-new-homes-to-be-reduced-by-50-per-cent-1008968/