FIRST HOME BUYERS

August 16, 2013
Mark Wheller

First home buyers are entitled to a 40% rebate on Stamp Duty as of 1st July, 2013.  This will increase to 50% in 2014.

Unfortunately the Government has removed the $7000 grant for established purchases and increased the grant to $10,000 for brand new purchases.

Hopefully the Federal Government will do something to further assist first home buyers who purchase established homes in the near future.

Posted in: First home buyers

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