THIS WEEK MARKED THE INTRODUCTION ON NEW STAMP DUTY EXEMPTION THRESHOLDS FOR FIRST HOME BUYERS. FROM THE 1ST JULY ONLY PROPERTIES PRICED UNDER $430,000 WILL RECEIVE THE FULL STAMP DUTY EXEMPTION, WITH CONCESSIONS PHASING OUT AT $530,000. NO CHANGES WERE MADE FOR FIRST HOME BUYERS OF NEW HOUSE AND LAND PACKAGES, WITH EXEMPTIONS FOR LAND […]
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The West Australian Despite a crisis of confidence in the building sector, the house-and-land package dream is being revived, with Perth recording its largest number of land sales in more than three years. The rise follows a period of poor sales, as buyers shied away from the troubled industry amid a raft of company collapses and tardy […]
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2013 WAS THE MOST ACTIVE YEAR FOR FIRST HOME BUYERS IN WESTERN AUSTRALIA SINCE THE FEDERAL GOVERNMENT’S TEMPORARY GRANT BOOST ENDED IN 2009. The number of First Home Owner Grants (FHOG) paid in Western Australia increased 19 per cent (to 20,441) in 2013, following the 28 per cent increase in 2012. “Declining interest rates and […]
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