The first home owners grant was to finish on 30 June 2009 but has been extended for six months to 31 December 2009.

Up until 30 September 2009 the grants are $14,000 for existing homes and $21,000 for new homes. For the last three months October, November and December 2009 the rate will be halved to $7,000 for existing homes and $10,500 for new homes.

If you aren’t eligible for the grant it will be interesting to see what the property prices will do if the grant is abolished as planned after December 2009.

Regards,

Glenn Wallace
Ph 612 9585 9585

This entry was posted on Monday, May 18th, 2009 at 6:27 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.