Central Coast display homes – great for first home buyers

March 14, 2017
Terry Hinchliffe

If you’re buying or building a new home on the Central Coast, a wealth of display villages can provide inspiration says Central Coast home loan specialist Terry Hinchliffe. Call Terry on 0459 487 396 for tailored information or read on to learn more.

It’s no secret that the Central Coast is a hub of development activity. You only have to drive through the region to see how many new homes are being built each day to realise that along with a brilliant location, the Central Coast offers tremendous affordability.

For first home buyers, a newly built home on the Central Coast can be far more budget-friendly than a property in Sydney. Remember, too, first home buyers are entitled to a Stamp Duty Waiver and First Home Owner Grant in NSW worth $10,000 - if the home is a new build. These funds can contribute towards your purchase if you are buying an owner occupied property.

Constructing a new home can also appeal to upgraders and investors. After all, there is nothing quite like the look and feel of a brand new home, and for Central Coast property investors, a newly constructed property could see you entitled to a $5,000 grant for a new build.

That makes it worth checking out the range of Central Coast display villages.

Plenty of inspiration

Several builders have their stock displayed at the newly opened Watagan Park. Or head to Woongarrah for a cluster of display homes by well-known builders.

For Central Coast first home buyers these display villages can be the equivalent of a gourmet buffet for a food lover.  It’s a chance to see exactly how a home looks and feels as well as providing inspiration for design and décor ideas.

However, display villages don’t just have to be a visual feast. Buying a newly built home is an affordable possibility for first home buyers - the trick is to know the Central Coast home loan options available.

Know which Central Coast home loan is suitable

If you opt for, say, a home and land package, you could be looking at a construction loan rather than a traditional home loan. This can be a very cost effective option as the loan funds are paid out in line with various stages of construction and you only pay interest on the funds released.

The bottom line is that the great Australian dream of home ownership is alive and well on the Central Coast thanks to the area’s affordable prices. So I recommend taking a look at what is available at Central Coast display villages, and then talk to me, your Central Coast mortgage broker, to discover how you could finance your dream home. 

 Call me today on 0459 487 396 to find out more about Central Coast home loans for newly built homes or home and land packages. Or email me at terryhinchliffe@mortgagechoice.com.au

Posted in: Home loans

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