First Home Owner’s Grant

Did you know that our properties are eligible for the First Home Buyers Grant? On the 13th of June, the Queensland state government gave out their budget for the 2017-2018 financial year and what has come as a pleasant surprise is the decision to extend the $20,000 first home owners grant out by six months. Many believed the budget would be dropped to 15,000 as of July 1st but thanks to a $30 million injection to the state budget the grant has been extended till the 31st of December 2017.

To be eligible for this:

  • You must be an Australian Citizen or Permanent Resident
  • You or your partner must not have previously owned a property within Australia
  • You must be over the age of 18

Contact us today so we can help you become one step closer to owning your first home!

 

Upper Mount Gravatt Marked As A Leader in 2017

https://www.theurbandeveloper.com/upper-mount-gravatt-marked-leader-2017/

 

Overseas Buyers’ $20bn Adds to Property Price Pressure

FOREIGN buyers splashed out more than $20 billion on residential real estate in 2016, with overseas purchasers given the green light to buy more than 12,847 properties in NSW last year.

Despite attempts from the federal Government to crack down on overseas buyers, the foreign spend is soaring, with foreigners spending $42 million more than the previous financial year and winning the approval for about 500 more properties.

Approvals grew a whopping 400 per cent in the past five years.

 

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