Article published 25 November 2020
As part of the Victorian Budget 2020/21, Treasurer Tim Pallas has announced a number of measures aimed at making housing more accessible and affordable for Victorians.
Home buyers in Victoria could save up to $27,500 on stamp duty on newly built homes and $13,750 on existing builds until June 2021.
This is fantastic news if you’ve been building up your deposit during lockdown and want to make your homeownership dreams a reality in 2021. Competition is about to ramp up in the Victorian housing market so make sure you speak to your broker about getting home loan pre-approval if you want to put your best foot forward!