news

New $8,500 grant up for grabs

By Staff Reporter

All South Australians looking to build new are up for a financial boost, premier Jay Weatherill said today.

While first home buyer grants are set to be reduced and then phased out for established properties, all buyers can benefit with an $8,500 grant available.

In combination with other available grants (and stamp duty concessions on off-the-plan apartments) first time buyers may be able to take advantage of $39,830 in savings. Stamp duty concessions on off-the-plan apartments are available to all buyers.

The first home buyer grant will be reduced to $5,000 in 2013, and will end on 30 June 2014.

"The number of new homes built in SA declined by 18 per cent in the past financial year," Mr Weatherill said of the reasons for the grant.

"The property market is soft and the housing construction industry is doing it tough."

New $8,500 grant up for grabs
SPI logo
Thank you.

Your enquiry has been sent to a local Aussie Mortgage Broker.

We will be in contact with you shortly.
Opps.

error occurred.
Unfortunately Aussie cannot attend to your home loan related enquiry at this stage as you must be a citizen or permanent resident.
Do you need help finding the right loan for your investment?
What Aussie do for you:
  • Give expert mortgage advice to help you find great investment loan deals
  • Help you maximise return by lowering financing costs
  • Save you time and effort by helping with the paperwork
First name
Last name
Location
Mobile Number
Are you an Australian Resident?
promoted stories

Top Suburbs

Highest annual price growth - click a suburb below to view full profile data:
1.
BLUE BAY 49.18%
2.
PAMBULA 43.5%
3.
BERKELEY VALE 42.74%
4.
POINT PIPER 40.52%
5.
NORTH TURRAMURRA 38.12%