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Support For First-Home Buyers In South Australia
South Australia announced the 2023/24 state budget on 15 June 2023. As part of the budget, first-home buyers in South Australia can get the following: Relief from stamp duty An increase in the property price cap for eligibility for homeowner grants A loan for building...
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NSW Labor To Repeal Property Tax Option For First-Home Buyers
The incoming NSW Labor government has announced plans to repeal the First Home Buyer Choice scheme, which came into effect on 16 January under former NSW premier Dominic Perrottet’s government. The scheme allowed first-home buyers (FHBs) purchasing owner-occupier properties...
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How First Home Buyers Can Benefit In A Falling Market
Signs The Property Market Is Falling Australia’s property market experienced its third straight monthly decline in home prices in July 2022, amidst a rising interest rate environment. CoreLogic data shows: Dwelling values were 8% higher over the past 12 months,...
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The 2022-23 Queensland Budget Highlights
The Queensland budget (2022-23) includes: $200 million over three years for growth infrastructure to unlock more housing supply $10 million in support over two years to address land supply, population growth and property development challenges across South-East Queensland $95.8...
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Shared Equity Scheme Trial By NSW: What Homebuyers Need To Know
On Tuesday (June 21), the NSW Government unveiled its budget of $2.8 billion, which includes a trial shared equity scheme to counter the ongoing housing affordability crisis. Through the scheme, the state government plans on contributing up to 40 per cent of the purchase price...
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