Stamp duty savings Brand new homes
By Jo Kennett
MANY FIRST home buyers will pay no stamp duty from July 1 after changes to the First Home Buyer Legislation Amendment Bill put forward by the new Minns government passed the NSW Upper House on Thursday, June 1.
The legislation passed the lower house on May 31 before being debated and passing an upper house vote.
The new legislation will make stamp duty exemptions and concessions available to more people, which was an election commitment of the NSW Labor government to implement “a fairer, simpler way to help more first home buyers.”
Under the reforms, the stamp duty exemption threshold will rise from $650,000 to $800,000 on July 1 this year.
Additionally, stamp duty concessions will apply to properties worth between $800,000 and $1 million.
The measures will see first home buyers
save up to $31,090.
The Minns government said the former Perottet government’s proposed land tax scheme which would have seen first home owners paying annual land tax in lieu of stamp duty was unfair because it gave people paying between $1 million and $1.5 million much larger stamp duty reductions than those able to afford homes under $1 million.
That scheme will close on June 30.
However, grandfathering provisions mean anyone who opted into it will be able to continue paying land tax until they sell their property. The reform means that 84 per cent of first home buyers will be able to access the assistance, giving them an advantage over investors bidding for the same property.
Based on current market conditions, NSW Treasury expects around 8,600 first home buyers each year to qualify for a total exemption from stamp duty, and 4,400 people to enjoy a concessional rate of stamp duty.
By Jo Kennett
WITH NEW stamp duty legislation coming, it could be the perfect time for first home buyers, or anyone else who loves the thought of owning a home that has never been lived in before, to splash out on a new home in Murwillumbah’s Hundred Hills Estate.
MANA Real Estate Agency now has two brand new Hotondo Homes for sale in Hundred Hills Estate.
“We have been proudly involved since the beginning when we sold more than 30 lots in the release,” MANA founder JulieAnn Manahan said.
“Now, Hotondo Homes has finished building the spectacular spacious homes, and we have some exciting new listings on the market.
“Nestled in the picturesque surroundings of the Murwillumbah hinterland, this estate is a unique blend of natural beauty and modern living.
“Hundred Hills offers the best of both worlds; the tranquillity of the surrounding hills and panoramic views, with all the essential amenities, schools, conveniences and world-class galleries, cafes and markets of Murwillumbah only five minutes away.
“Weekends will be packed with fun — take your pick from a walk in the hinterland, a dip in a waterhole or a drive to the beach.
“There’s a strong sense of community at Hundred Hills. With parks, walking trails, recreational areas, and communal spaces, it’s an ideal estate for families and a great opportunity to engage with like-minded people and build lasting relationships.”
Julie-Ann said Hotondo Homes have premium fittings and top-notch appliances and design extras, like an open butler pantry, LED lighting, expansive windows and vaulted ceilings.
“Hotondo Homes recognises the importance of sustainable and energyefficient building practices which is important to us,” she said.
“They incorporate energy-efficient features and environmentally friendly materials into their homes, helping homeowners reduce their carbon footprint and save on energy costs.
“The gardens are beautifully landscaped with alfresco living top of mind, making them the ideal family home.
Open homes on Saturday and Sunday: 66 Castle Field Drive: 11am-11.30am, 86 Castle Field Drive: 12pm-12.30pm.
You, Me + MANA = Together we'll make your Property dream a reality. Your Northern Rivers & Tweed Real Estate Agency 90006 Real Estate FROM COAST TO COUNTRY Open Homes Saturday, June 10 DJ Stringer Property Services 4/27-29 Dutton St, Coolangatta ‘$770,000’ 9-9:30am 39 Clonakilty Cl, Banora Point ‘Price Guide $850K-$890K’ 1011am 11/22 Binya Ave, Tweed Heads ‘Price Guide $595K-$650K’ 11:3012pm 5/201 Golden Four Dr, Bilinga ‘Interest Over $695,000’ 11:3012pm 501/46 Pacific Pde, Bilinga ‘Interest Over $2.750M’ 12:30-1pm JET Real Estate 8 Point Lookout Chase, Murwillumbah 9:30-10am 585 Tumbulgum Road, Tygalgah 9:30-10am 28 Eyles Avenue, Murwillumbah 10:30-11am 3 Cougal Street, Tyalgum 11-11:30am 15 Stafford Street, South Murwillumbah 11:30-12:00pm 18 Wollumbin Street, Tyalgum 12-12:30pm 135 Bakers Road, Dunbible 12:30-1pm MANA Real Estate 3/1 Yalla Kool Drive, Ocean Shores. Sat 9-9.30am 2A Oba Place, Ocean Shores. Sat 9-9.30am 15 Natan Court, Ocean Shores. Sat 10-10.30am 46 Narooma Drive, Ocean Shores. Sat 10-10.30am 20 O’Flynn Street, Lismore Heights. Sat 10-10.30am 8 Redgate Road, South Golden Beach. Sat 11-11.30am 1/6 Boondoon Crescent, Ocean Shores. Sat 11-11.30am 2/6 Boondoon Crescent, Ocean Shores. Sat 11-11.30am 6 Colli Close, Ocean Shores. Sat 12-12.30pm 10 Beach Avenue, South Golden Beach. Sat 12-12.30pm 66 Castle Field Drive, Murwillumbah. Sat 12.30-1pm 86 Castle Field Drive, Murwillumbah. Sat 1.15-145pm Tate Brownlee Real Estate 5/40 Martinelli Avenue, Banora Point, 9-9:30am 3 Clonakilty Close, Banora Point, 9-9:30am 41 Lochlomond Drive, Banora Point, 10-10:30am 4B Oyster Point Road, Banora Point, 10-10:30am 22 Oakland Parade, Banora Point, 10:30-11am 74 Botanical Circuit, Banora Point, 11-11:30am 85 Winders Place, Banora Point, 11-11:30am 5 Dromara Court, Banora Point, 11:15-11:45am 13 Australia Drive, Terranora, 12-12:30pm 37 Seaview Street, Tweed Heads, 12-12:30pm 676 Terranora Road, Terranora, 1-1:30pm 56 Honeymyrtle Drive, Banora Point, 2-2:30pm 7 Sandpiper Avenue, Tweed Heads, 3-3:30pm
Your Northern Rivers & Tweed Real Estate Agency manare.au hello@manare.au (02) 6680-5000 Your 1/8 Yengarie Way, Ocean Shores SOLD BATHS BEDS BATHS CARS 4 2 2 60 Reserve Creek Road, Kielvale UNDER CONTRACT BATHS BEDS BATHS CARS 3 2 3 63 Castle Field Drive, Murwillumbah BATHS 497m2 Contact Agent Adrian Howe 04772 22 457 Contact Agent 9 Buchanan St, South Murwillumbah BATHS BEDS CARS 3 1 1 Lot 1 Numinbah Rd, Numinbah SOLD BATHS 3.21 hectare Julie-Ann Manahan 0411 081 118 Contact Agent Julie-Ann Manahan 0411 081 118 Contact Agent Adrian Howe 04772 22 457 Contact Agent Julie-Ann Manahan 0411 081 118 You + MANA = SOLD Together we'll make your property dream a reality! SOLD SOLD UNDER CONTRACT SOLD Your UNDER CONTRACT SOLD UNDER CONTRACT SOLD
6 Colli Close, Ocean Shores
Sunlit serenity - the dream starts here BATHS
BEDS BATHS CARS 3 1 2
Contact Agent Julie-Ann Manahan 0411 081 118
Luxury living at Hundred Hills Estate
66 Castle Field Drive, Murwillumbah
Brand new family home with a pool
86 Castle Field Drive, Murwillumbah
2
BEDS BATHS CARS 4 2
Contact Agent Julie-Ann Manahan 0411 081 118
Your Northern Rivers & Tweed Real Estate Agency
BEDS BATHS CARS 4 2
2
Contact Agent Julie-Ann Manahan 0411 081 118
Zara Springs is a true patch of paradise
351 Zara Road, Zara
BEDS BATHS CARS 3 2
Contact Agent
4
Julie-Ann Manahan 0411 081 118 jam@manare.au
Contact Agent Julie-Ann Manahan 0411 081 118
Your Northern Rivers & Tweed Real Estate Agency manare.au
manare.au
hello@manare.au
hello@manare.au
(02) 6680-5000
(02) 6680-5000
NORTHERN IVERS PROPERTY GROUP m: 0448 191 351 e: Paulstobbie@atrealty.com.au Suite 2A Warina Walk Arcade, 114 Murwillumbah St, Murwillumbah MARKET UPDATE m: 0422 265 871 e: adrianna@atrealty.com.au PAUL Adrianna Suite 2A Warina Walk Arcade, 114 Murwillumbah St, Murwillumbah @paulstobbieatrealty @AdriannaNRPG 189 Tweed Valley Way - SOLD 478 Tweed Valley Way - SOLD 10 Stafford Street - SOLD 135 River Street - SOLD 46 Wardrop Street - SOLD 454 Tweed Valley Way - SOLD MURWILLUMBAH WATERFRONT SPECIALISTS Northern Rivers Property Group If you are considering selling your waterfront property, contact Paul 0448 191 351 and Adrianna 0422 265 871 for a different approach with strategic advice, premium marketing planning, five-star service and a sale result worth celebrating! 2/1557 Kyogle Road, Uki JUST SOLD NORTHERN IVERS PROPERTY GROUP 189 Tweed Valley Way, South Murwillumbah JUST SOLD NORTHERN IVERS PROPERTY GROUP 89995
Competition
PRIZES FOR EACH CATEGORY PLUS EVERY GARDENER THAT ENTERS GOES INTO THE DRAW TO WIN THE MAJOR PRIZE!
You don’t have to be a professional gardener or possess a green thumb to enter!
THE CATEGORIES ARE AS FOLLOWS (YOU CAN ENTER UP TO 3 CATEGORIES)
Meet our special guest, garden guru & ABC Radio ‘Good Gardening’ celebrity Phil Dudman at our exclusive awards event, THURSDAY 19TH OCTOBER 2023, 3PM - 5PM (QLD Time)
Entries - now open & close 30th of September 2023... Judging dates will be announced early September Visit: www.djstringer.com.au/garden to enter, or scan and email the form below to: reception@djstringer.com.au
1) SMALL SPACE GARDEN – BALCONY, COURTYARD/PATIO For gardens with balconies, courtyards or patios.
2) GENERAL SIZED GARDEN All general gardens up to 1000 m2 of land space.
3) LARGE GARDENS & ACREAGE Gardens larger than 1000 m2 of land space.
4) EDIBLE GARDEN & VEGIE PATCH
Edible gardens including vegie patches.
5) SUSTAINABLE GARDEN Sustainable Gardens/Eco friendly and the use of natural/organic products – no size limit.
6) PRETTY GARDEN We’re looking for pretty flowering gardens in this category big or small.
Or scan the QR Code to enter
7) COMICAL OR QUIRKY GARDEN For that garden that oozes personality & or charm in any shape or form, big or small.
8) SCHOOL GARDEN Edible, sustainable, flowering , students gardens & or just beautifully maintained grounds.
9) BEST WATER FEATURE Special fish pond & or general water feature of any size.
10) BEST MAN CAVE Can be attached or unattached to home, sports bar area / billiard room or workshop but it must represent its owners personality.
11) BEST TENANTS GARDEN Tenants must have been renting the home & maintained all gardens for in excess of 12 months.
12) BEST COMMUNITY GARDEN Community garden with various participant gardeners.
Garden 2023
OPEN TO SOUTHERN GC - PALM BEACH TO COOLANGATTA & TWEED TO KINGSCLIFF RESIDENTS
T r i p f o r 2 p e o p l e t o t h e 2 0 2 4 M e l b o u r n e I n t e r n a t i o n a l F l o w e r & G a r d e n S h o w !
TITLE FIRST NAME SURNAME ADDRESS SUBURB POSTCODE CONTACT PHONE NUMBER MOBILE EMAIL
76 Griffith Street, Coolangatta QLD 4225 | www.djstringer.com.au | 07 5599 5222
INCLUDING FLIGHTS & ACCOMMODATION 89780
KIRRA WAVE - stylish oceanfront living'
501/46 Pacific Parade Bilinga
Experience the essence of living by the sea from this luxurious (3) bedroom split level apartment, positioned on the 5th level (North side) of this stunning establishment, directly opposite North Kirra Beach.
Relax in style and soak up the splendid ocean vista that extends from the lights of Surfers Paradise to the peeling point breaks of Kirra & Snapper Rocks.
KEY FEATURES:
• Gorgeous hard wood timber flooring throughout
• Open plan living
• Extensive bi-fold doors leading out to generous deck style balcony w/ stunning gas fireplace
(07) 5599 5222
• Gourmet kitchen with Miele appliances, coffee machine, stone bench tops, integrated dishwasher & wine fridge
• Ducted zoned split-level air-conditioning throughout
• Master bed with fitted walk-in robe, ensuite, dual basins & spa bath with ocean views
• Bedroom (2) with ensuite & private balcony
• Separate powder room
• Lengthy study nook
• Lift access direct to unit
• In ground pool in complex
• Double lock up garage (side by side)
P 332
For Sale
Interest Over $2.750m
Open Saturday 10th - 12:30- 1:00pm
David Stringer 0418 150 731
david@djstringer.com.au
the home of real estate
car pool
bath
bed
76 Griffith Street Coolangatta | Open 7 Days | www.djstringer.com.au 90004
