Property Insider
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First home buyers – what exactly ĶƆ şŕ şǔ ĕſȃ One of our local mortgage experts Sharon Clarkson at Mad About Mortgages shared some very helpful ĶŕĪşſŔëƐĶşŕ Īşſ Ǖ ſƆƐ IJşŔĕƆ ćƖƷĕſƆȂ ¨IJĕſĕ ëſĕ ưëſĶşƖƆ şǔ ĕſĶŕīƆ ëưëĶōëćōĕǽ ëŕĎ Ķŕ ƆşŔĕ ĈëƆĕƆ Ǖ ſƆƐ IJşŔĕ buyers ŔëƷ ćĕ ĕōĶīĶćōĕ Īşſ Ŕşſĕ ƐIJëŕ şŕĕȂ
1) First Home Buyers Assistance Scheme
2) First Home Owner Grant (New Home)
3) First Home Loan Deposit Scheme (FHLDS)
This scheme involves a Partial or Full Transfer Duty exemption when purchasing your first home;
A $10,000 grant is available for brand new
This scheme is a government initiative to provide a deposit guarantee for up to 15% of the purchase price of the property;
• It is only available to Australian Citizens & Permanent Residents 18+ years of age. • A new or existing home can be purchased or vacant land, with the intention to build. – If it costs under $650,000 – full exemption – If it costs $650,000–$800,000 a partial exemption applies based on a concessional rate. – It must be processed through your conveyancer/solicitor. Go to: www.revenue.nsw.gov.au/grants-schemes/ first-home-buyer/assistance-scheme
homes only; • It is only available to Australian Citizens and Permanent Residents 18+ years of age. • The new home purchase price must be $600,000 or less.
Sharon Clarkson from Mad About Mortgages
• It applies to Australian Citizens only, of 18+ years of age. • Buyers must have saved a minimum deposit of 5% of the purchase price. • It is income tested – Singles earning < $125,000, Couples earning < $200,000. • The price is capped per region – Byron Bay and surrounds (Region ID 4) max purchase price $450,000.
• The Land and Building price should not exceed $750,000
• Buyers must be eligible to obtain a loan for the balance. Loans must be P&I repayments (exceptions apply).
– It must be processed through approved
• The scheme is available through nominated lenders (ask your broker).
agents and lenders
Go to: www.nhfic.gov.au/media/1236/fhlds-fact-sheet.pdf
Go to: www.revenue.nsw.gov.au/ grants-schemes/first-home-buyer/
All properties are for the sole purpose of owner occupation and must be resided in within 12 months. Contact Sharon Clarkson or your broker for more details.
first-home-owners-grant-new-homes-scheme
sharon@sharonclarkson.com 0400 609 916
Brunswick Heads
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7 Moran Close Main Arm
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2013m2
OUT OF THE BOX THINKING With a tonne of creativity and innovation, with sustainability always in mind, the use of recycled materials in the construction of this home acknowledges the need for us all to consider our carbon footprint. This family home is situated in the small village of Main Arm with easy access to Billinudgel and Mullumbimby and only 12 minutes to the beaches of Ocean Shores and Brunswick Heads. This private home has: • 3 bedrooms • Reverse-cycle air conditioning in living room • 2 bathrooms (inside and out) • Open plan living and dining, 2 studies & breezeway • A spacious rear verandah
Auction Inspect Contact
On-site at 10.00am Saturday 7 March 10.30am Saturday Steven Dale 0412 855 203
11 Weeronga Way Ocean Shores
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A WORLD WITH VIEWS! GOING, GOING, GOING TO AUCTION Located in a prime position with 180-degree views. From the hinterland, overlooking the Brunswick River and glimpses of Byron Bay. This versatile home will work for a family, professional couple as well as those just wanting to take in the beautiful views. Set on 1252m2. With a separate study, swim-spa, sauna and 180-degree verandah that works for any occasion.
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Auction Inspect Contact
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1252m2
On-site at 11.30am Saturday 29 February 12pm Saturday Steven Dale 0412 855 203
ljhooker.com.au | 6685 0177 Residential | Commercial | Rural | Finance
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