The Palaszczuk Labor Government’s fourth Budget has delivered some disappointing news for aspiring first buyers in the state of QLD. From 01 July 2018, the QLD Great Start Grant (FHOG) would drop from the current $20,000 to $15,000 till at least…
The Queensland (QLD) First Home Owners’ Grant (FHOG) is a state government initiative to help first home buyers to get their new first home sooner. The re-elected Annastacia Palaszczuk (Labor) Government has delivered on their pre-election promise and an early…
FHBA Property Market Update – Top story Once, the idea that buyers could go to one place (an online property portal) to see every property on the market was revolutionary. But that was more than 15 years ago. Is it…
FHBA Market Update: 25/September/2017 In today’s FHBA Property Market Update we take a look at how FOMO has been replaced by a new fear in the property market; why interest rates may rise sooner than originally thought; off-the-plan financing; the increase…
FHBA Market Update: 18/September/2017 In today’s FHBA Property Market Update we take a look at how you can’t always trust those marketing to first home buyers (including Australia’s big banks!); the risks associated with a 5% deposit; why first home buyer…
Buying your first home ‘off the plan’ means committing to buying a property that has not yet been built. Typically you’ll only have to pay a deposit to the developer/builder and then pay the remaining balance on completion of the…
Myth To receive the First Home Owners Grant (FHOG) you must build a house (or townhouse) on some vacant land, or purchase a new apartment off-the-plan. Disclaimer: Please note our website, including this article, is in no shape or form designed…
Yesterday (22 June 2017), the South Australian Government handed down its last Budget before the State Election in 2018. A budget surplus of $72 million is forecast for 2017-18, rising to $462 million by 2020-21. In Treasurer Tom Koutsantonis’ budget speech,…
Today (13/06/2017) the Queensland government announced the Queensland First Home Owners’ Grant (QLD FHOG) will remain at $20,000 until 31 December 2017. Previously the QLD FHOG was due to decrease from $20,000 to $15,000. Update (12/06/2018): Today the Government has…
Every NSW first home buyer knows how hard it is to save a deposit plus the stamp duty that goes along with the deposit (on a $500,000 established property this is approximately $18,000 alone!). The deposit hurdle is the hardest…