The NSW government should provide first homebuyers with a 50 per cent reduction in the stamp duty on a purchase of a residential property less than $1 million and provide the ability to pay the stamp duty over time.
First home buyers who will enjoy the benefits of less stamp duty, at a time where we’ve had easing house prices in Darwin and historic low interest rates.
Australia’s property industry is emerging as the main driver of economic growth and increased employment in the transition away from a decade-long reliance on mining.
Plan regular site visits to check on the progress of your build. Remember ‘time is money’ so checking in regularly will give you an indication as to whether or not you’re on track.
Whether conditions in 2016 translate to greater opportunities for first home buyers remains to be seen, but for the first time in years getting a foot in the door does not seem so insurmountable.