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  1. Peter_Tersteeg

    Victorian first home owners grant to be cut

    As a follow up... It's Tuesday evening and I've just met with my 4th group of first new home buyer clients this week. They've all been prompted by the changes coming to the grant. If my experience is anything to go buy so far, I expect that there will be some impact on property values over...
  2. Peter_Tersteeg

    Victorian first home owners grant to be cut

    I generally find the biggest hinderance for first home buyers isn't affordabilitly, but it's coming up with enough funds for a basic deposit and purchase costs. I see it all the time that peoples affordability is well in excess of what they're savings will allow. Reducing the stamp duty early...
  3. Peter_Tersteeg

    Victorian first home owners grant to be cut

    The Victorian state government has announced that it will be scrapping the $7,000 first home owners grant for existing houses. To counter this they will increase the grant for new contructions to $10,000 (up from $7,000). They will also bring forward the next round of stamp duty cuts for first...
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