If there was ever a time to get into the housing market for first home buyers, it is now.
First home owners who purchase units ‘off the plan’ or units / that are newly constructed will be able to take advantage of a stamp duty exemption PLUS a first home owners grant of $10,000 up to $600,000.
First Home owners who want to purchase a home and land package can buy up to $750,000 with the same incentives and there are still some existing homes in the west of Sydney under the 650K threshold.
Security guarantees mean that as long as you have the borrowing capacity, you can also get into a new home with minimal or no savings.