Thinking about buying your first home?
Currently, Australia’s peak property body, The Property Council of Australia, is lobbying the government to provide $50,000 to buyers of newly constructed properties.
However, have you heard about the government’s current 3 schemes available to you when buying your first home?
You may have heard of the First Home Owners Grant. This scheme allows first home buyers to access $15,000 to put towards buying or building a new house, unit or townhouse. If you are purchasing an existing property you can have your stamp duty waived!
Next is the First Home Owners Deposit. This scheme allows for people struggling to save a large deposit to get into the market. All you need is a 5% deposit, the government will cover the rest to ensure you don’t receive lenders mortgage insurance. From July 2020 10,000 scheme places will be available!
Last but not least, is the First Home Owners Super Saver Scheme. This scheme allows for you to withdraw up to $15,000 from your Superannuation to be used as a part of your deposit for your first home.
What’s even better is these 3 schemes can be used in combination with each other. So, what are you waiting for?
Get in contact with us today to see how we will assist you to buy your first home. Call 1300 49 11 41.