Ideas for First Home property buyers Grants,What,where,How?
March 18, 2010 by Tim
Filed under Finance, First Home Buyers, property market, Renovating, tips
I am asked often about these First Home addition Grants. They are subject to change, below I detail my current understanding.
The First Home Buyers grant is in my view a partial return of the GST tax, which has super charged the cost for developing home blocks and new homes.
The USA based bank credit crisis, has encouraged the Australian government to expand the scheme. The Grant is currently $18,000 still available until 30/06/2010, in the metropolitan area. The scheme has been a great success, especially in Victoria, with close to 54,000 grants made. In addition, several major builders like Metricon, Henley, Simonds, National Builders Group, Orbit, Dennis Family Homes have made their own, new home buyer boosted value packages. These are a massive extra benefit. Despite a reduction in the grant buyers appear to be scrambling to buy now, before the grants are cut again.
First home buyers have been temporarily advantaged by these home grants.
So much more information at www.sro.gov.au
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Hello!) Written not bad, but the theme is not revealed until the end! Does not have the heart of the matter. Subscribe to RSS, I’ll follow the theme. Thank you.