smartassetsrealestate

WE HAVE THE ANSWERS YOU’RE LOOKING FOR

Buying your first home? You have come to the Right Place. Whether you’ve been planning this day for years or you just know now is a great time to build, we have all the answers you may be looking for you at one place.

To help you into your new home stress-free and 100% happy, our team has all the experience you need – from discussing finance options and grants, to choosing your land and deciding on the perfect home.

Our services will include:

  • First Homeowners Grant

The NSW Government is here to help make your home ownership dreams come true with the First Homeowner Grant. Grant of $10,000 encourages the New buyers to move in their new home

Eligibility criteria applies as below:

  • Are you an Australian citizen or permanent resident?
  • Are you over 18 years of age?
  • Buying or building your first home
  • It’s a new home that no-one has lived in before
  • It’s worth no more than $750,000

To be sure, just talk to us. We’ll do everything to get the $10,000 grant for you

  • Stamp Duty Concessions and Assistance:Stamp duty is a government tax that applies when purchasing property. The NSW Government offers the “First Home Buyers Assistance scheme”, which is a stamp duty exemption scheme, or stamp duty concession scheme.

For example, eligible first home buyers, when purchasing an established property (existing home) up to the value of $650,000 will receive a stamp duty exemption. From there, it moves to what’s referred to as a “sliding scale concession”.

As you move above $650,000 to $800,000 etc, the percentage of the discount that you might be entitled to reduces. This applies only to existing homes, or houses that have already been built.

Some of these criteria are as follows –

  • An eligible purchaser must be an individual
  • The buyer must be at least 18 years of age
  • They must be an PR/Australian citizen
  • They buyer must occupy the home as their principle place of residence for a continuous period of 6 months, and must move in within 12 months of the date of completion of construction, or the date of settlement

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