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.
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