Save BIG on homes under $600,000!
Inquiries from people looking to buy their first home in our region are on the rise.
Anyone who knows the area will tell you, Mount Beauty and its surrounds offer a fantastic setting for those seeking a vibrant community with value-for-money housing options.
Did you know that if you buy your first home for $600,000 or less, you don’t have to pay government stamp duty?
This alone can save you tens of thousands of dollars upfront!
For instance, this low-maintenance three bedroom property with scenic mountain views is listed at under $500,000, offering first homebuyers potential for stamp duty exemption:
www.alpinevalleyrealestate.com.au/property?property_id=1219539/5-1-allamar-court-tawonga-south
It may surprise you to know that the Victorian Government also offers a $10,000 First Home Owner Grant when you choose to buy or build a NEW first home. You can find out more here: www.sro.vic.gov.au/first-home-owner. Check in with us, too, about vacant land for sale in the area.
We often see first homebuyers making the same common mistakes - and the first is to check their eligibility for grants, like the ones we’ve just mentioned.
Another common mistakes is overextending finances. Borrowing more than you can comfortably afford can leave you vulnerable to unexpected expenses and market changes (think the latest run of interest rate hikes).
First homebuyers often ask us whether it is okay to save money by skipping on building inspections. Our advice is this - no matter how sound a property appears, building and pest inspections are essential to avoid issues and unforeseen costs down the track.
By seeking the right advice and avoiding common oversights, purchasing your first home can be the start of something great!