Exciting times in the property market! The rules for first-home buyers are about to get a whole lot friendlier. From October 1, buyers can enter the market with just a 5% deposit and no Lenders Mortgage Insurance. If you meet the criteria, you can combine the First Home Guarantee with stamp duty exemptions for even greater savings.
Please note: eligibility criteria and conditions apply. For more details on the new first home buyer scheme, check out the official information here: First Home Guarantee Housing Australia.
What does this mean for sellers? More buyers in the market means more competition for your home, which can help you achieve a higher price.
If you’ve been thinking about selling, now is the perfect time to take advantage of this increased buyer interest. And if you’re a first home buyer, the dream of owning your own place just got a lot closer.
Thinking about selling? Feel free to contact our office anytime. We’d love to offer some confidential, free, no strings attached advice to help you figure out your next steps.