Category Archives: Benefits by Office of State Revenue

New Home Grant Scheme

Stacked Lumber and Blueprints at a Construction Site

The New South Wales New Home Grant scheme was introduced on 1 July 2012 to stimulate the construction of new homes.

The 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.

For more information visit NSW Office of State Revenue.

For all your property legal requirements contact:
Aldren Conveyancing Services – Northern Beaches
Phone:      (02) 9984 8840
Fax:           (02) 9984 8850
Mobile:     0422 011 434
Email:       sara@aldrenconveyancing.com.au

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First Home – New Home Scheme

Happy couple buying thier first new homeHappy couple buying thier first new home

The First Home – New Home scheme commenced on 1 January 2012 and provides eligible purchasers with exemptions from transfer duty on new homes valued up to $550,000.00 and concessions for new homes valued between $550,000.00 and $650,000.00.

Eligible purchaser buying a vacant block of residential land to build their home will pay no duty on vacant land valued up to $350,000, and will receive concessions for vacant land valued between $350,000 and $450, 000.

For more information visit NSW Office of State Revenue.

For all your property legal requirements contact:
Aldren Conveyancing Services – Northern Beaches
Phone:      (02) 9984 8840
Fax:           (02) 9984 8850
Mobile:     0422 011 434
Email:       sara@aldrenconveyancing.com.au

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Relocation Grant Amendment

Moving Day

From 1 January 2014 the Regional Relocation Grant will be extended to include Renters looking to purchase a house within a regional area to encourage regional growth.

Until recently, the payment had only been available to city homeowners leaving their homes to relocate regionally.

The State Government has also launched a new Skilled Regional Relocation Initiative, which will pay $10,000.00 (in two instalments like the Jobs Action Plan) to anyone who moves to take up an unfilled job position in a regional area but does not buy a house.

For more information visit NSW Office of State Revenue.

For all your property legal requirements contact:
Aldren Conveyancing Services – Northern Beaches
Phone:      (02) 9984 8840
Fax:           (02) 9984 8850
Mobile:     0422 011 434
Email:       sara@aldrenconveyancing.com.au

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