Monday, December 21, 2009

2009 draws to a close - bring on 2010 !

2009 was an amazing year in real estate.

Despite the Global Financial Crisis we saw property once again become the favourite option for many investors, and despite rising interest rates and lowering first home buyers grants, prices and volume of residential sales increased.

I would like to take this opportunity to thank our team at WDRE for an amazing year.I am sure they will now enjoy their well earned break before starting afresh in 2010.

Our offices will be closed from December 24th 2009 until Tuesday January 5th,2010.

I hope everyone has a safe and happy Christmas,and please spare a thought for those less fortunate. May 2010 be yours and everyone's best year yet!

Regards,

Monday, December 14, 2009

Buy before the New Year to maximise your First Home Owners grant!

As from January 1 2010, the amount that eligible first home buyers will receive from the government towards their first home will reduce considerably.

Currently eligible first home buyers in this region may receive $12,500 towards the purchase of an existing home or $29,500 towards building or buying a newly constructed home.

On January 1 2010 these figures will reduce to $9,000 for an existing home and $22,500 for a newly constructed home.

For contracts entered into between 1 July 2009 to 30 June 2010, the value of the property must not exceed $600,000.

If you would like further information on buying your first home, contact one of our sales agents today.