There has been much talk regarding the impending doom of Sydney’s, and Australia’s, housing market. Some say it is already here, while others say the worst is yet to come. Which is a scary thought if you are looking to sell. But, what if you are on the other side of the coin? What if you are looking to buy a new house? In fact, what if you were looking to buy your first home? If the word ‘impossible’ did not jump in to your head, then we would be surprised. However, things for first home buyers may not be as dire as you think. In fact, this may just be one of the best times for first home buyers to still invest in a brand-new home. Why?
The first home buyer’s assistance
The government is helping first home buyers get into the market by offering them assistance in one of two ways; First Home Buyer Assistance Scheme and the First Home Owner’s Grant (New Home) Scheme. How do they work?
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