First Home Buyers – Grants, Boosts & Bonus!

Well it is with some relief across the industry of real estate that the federal government is going to continue the “boost” for first home buyers in both the established and new homes market. The typical cycle of a slower market place over the winter months will see the government Grant, Boost & Bonus keep the market place buoyant to the more popular spring market for buying and selling.  This is now a great time for first home buyers to grab their very own piece of Australia and take advantage of these large government hand outs and capitalise on the low interest rates on offer through the majority of lending institutions in Australia.

Grant available on this home of $17,000

Below is a summary of the Federal Budget 2009

First Home Owner’s Boost, worth an extra $14,000 for buyers of a newly built home and $7,000 for buyers of existing homes, to be extended until September 30 at the full rate. From October 1, the Boost will be halved to $7,000 for new homes and $3,500 for existing homes, and will no longer be offered after December 31. Original scheme of $7000 for new home buyers to be retained.

Grant available on this home $21,000

 

 

 

 

 

 

 

For a range of established and new homes available to take full advantage of the ongoing Federal Government new home buyers grants see my website www.bradleyryan.harcourts.com.au