In November 2023, the Palaszcuk Government along with the Minister for Housing, Meaghan Scanlon, announced that they are fighting the cost-of-living crisis by backing first home buyers. As part of their new policy, eligible first home buyers can now receive…
FHBA Property Market Update – Top story Earlier this year the NSW & Victorian governments introduced changes to stamp duty for eligible first home buyers, including: An exemption from stamp duty for NSW properties under $650,000 A discount (concession) on…
FHBA Property Market Update – Top story Over the last several months or so market conditions have been changing in quiet a few property markets according to property data houses such as CoreLogic Australia. Some areas have seen ‘stronger’ conditions,…
FHBA Market Update: 25/September/2017 In today’s FHBA Property Market Update we take a look at how FOMO has been replaced by a new fear in the property market; why interest rates may rise sooner than originally thought; off-the-plan financing; the increase…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: 11/September/2017 In today’s FHBA Market Update we take a look at how the Spring market is going; an update on the First Home Super Saver Scheme; the outer city suburbs first timers are buying in; how many people…
FHBA Market Update: 4/September/2017 In today’s FHBA Market Update we take a look at the start of the Spring 2017 property market; suburbs in Sydney where property prices are tipped to rise further; new help for first home buyers; how some investors…
FHBA Weekend Preview: 1 – 2 July 2017 In recent weeks Australia’s largest property research house, CoreLogic Australia, has been reporting that auction clearance rates have been trending slightly lower in Australia, with Melbourne and Sydney leading the way (& last week,…
FHBA Market Update: 13 June 2017 In last week’s FHBA Market Update we wrote about how the tide may be starting to turn in the favour of the first home buyer, highlighting: The softening of property prices in many of our capital…
Earlier this week (on 02 May 2017), Victorian Premier Daniel Andrews announced plans to keep the Victorian budget in surplus in 2017 The 2017-18 surplus is estimated to be $1.2 billion, growing to $2.7 billion by 2020-21, forecast to average…
On Friday 03 March 2017, the Andrews Government in Victoria announced the doubling of the First Home Owners Grant to $20,000 for regional first home buyers in Victoria. Today (Sunday the 5th of March 2017), Victorian Premier Daniel Andrews has released…