Australia has the dubious honour of having the third most expensive housing market in the world. We keep up-to-date will all the latest first home buyer benefits and ensure you will be able to take advantage of any grants available to you. With house prices rising rapidly and housing stock dwindling around the Coffs Harbour region, you’ll want to make sure you’re getting all the help you can.
For first home buyers, these benefits are available:
• No stamp duty on all homes up to $650,000
• Stamp duty relief for homes up to $800,000
• A $10,000 grant for builders of new homes and purchasers of new homes up to $650,000
• To qualify for the Grant, the total value of the land and house must not exceed $750,000
The duty paid when buying residential property can be a considerable obstacle for first home buyers. For those entering the market, the NSW Government has abolished this duty on new and existing homes worth up to $650,000. For properties valued at between $650,000 and $800,000, the duty concession will be gradually reduced. Concessions on vacant land will remain unchanged.
Clever Conveyancing handles property conveyancing from Red Rock in the north, right through to Woolgoolga, Emerald Beach, Moonee Beach, Sapphire Beach, Coffs Harbour, Sawtell/Toormina and down to the Nambucca Valley and Scotts Head. In fact, Clever Conveyancing can look after your conveyancing needs right across the state of New South Wales and has been doing so very successfully for the past 15 years.