To help ease the housing crisis the Queensland State Governments is urging first time home buyers to make use of the available grants before they expire, with the current $20,000 grant set to fall to $15,000 by the close of 2017. The grant has succeeded in stimulating the market with first time home buyers in the state even as the housing affordability crisis worsens in Sydney, according to Ellen Lutton.
The latest data from Australian Bureau of Statistics shows Queensland’s first home buyer activity has increased by 16 percent during 2017 – and it’s likely to intensify with developers ramping up the incentives for first time buyers as the last few months of the $20,000 First Home Owners’ Grant close in.
Brendon Gore, the CEO of Peet Limited, says it is important to reassure first time home buyers that that it is not too late to purchase attractive and conveniently located properties for between $400,000 and $500,000.
There are a few things you need to qualify for the grant, but it’s not as bad as you think!
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Our service is free of charge and won’t take up much of your time. Why not drop us a line and see how we can help you! https://www.hylandinvestments.com.au/services/first-home-buyers/
Read the original source article: domain.com.au