Why the time to buy is now!
First Home Buyer? We’ve never seen a better time to get into the market!
Interest rates are historically low, and as announced in the 2021-2022 Federal Budget there is plenty of government assistance available. In Victoria, you can get up to $10k (or $20k if you live in Geelong and buy before 30 June 2021) or in Queensland up to $15k towards your home.
As an extra sweetener, they have also announced they are extending their New Home Guarantee meaning you can secure your home with a 5% deposit without paying a cent in Lenders Mortgage Insurance!
Keep reading below to find out more about the current grants and incentives helping you into your first home. And just a note that this advice is general and does not take into account your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances.