13/09/2024
As of July 1st, 2024, new government incentives were made available to help you buy your dream home:
• Stamp Duty Savings:
- Full exemptions for first-time buyers on properties valued up to $600,000.
- Concessions for properties valued between $600,000 and $750,000.
• First Home Owner Grant (FHOG):
- $20,000 for new homes in regional Victoria.
- $10,000 for new homes in metropolitan areas.
• Government Home Buyer Guarantee Scheme:
- Purchase your first home with just a 5% deposit, without paying Lenders Mortgage Insurance (LMI).
- Applicable for properties valued up to $850,000 in Melbourne and $650,000 in regional areas.
Ready to own your dream home? Contact us today! We’re ready to help you on your journey!