Commencing 1 July 2014, the threshold for the first-home buyers - TopicsExpress

Commencing 1 July 2014, the threshold for the first-home buyers grant increases from $650,000 to $750,000. The $15,000 First Home Owners Grant is only available for the purchase of new homes. Stamp duty relief is also available to first home buyers of new homes. The First Home - New Home scheme provides eligible first home buyers with exemptions from duty on new homes valued up to $550,000 and concessions for new homes valued between $550,000 and $650,000. Not a first home owner? The New South Wales New Home Grant scheme provides a grant of $5,000 towards the purchase of new homes, homes off the plan and vacant land on which a new home will be built. Contact us on 02 9707 3888 to find out your entitlements.

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