By ERWIN CHLANDA
Interest from first home buyers and people looking of median-priced homes has increased more than threefold with new incentives brought in but the Gunner government.
Steffi Hart, a real estate agent with 25 years experience in Alice Springs, says two initiatives are making “an amazing difference”:-
• Waving stamp duty on the first $500,000 dollars – worth about $24,000 – for homes costing up to $650,000.
• And a renovation grant of $10,000 to be spent with local businesses and trades people. $2000 of that can be for whitegoods.
Ms Hart (pictured with a home just sold to a first home buyer), owns The Professionals agency in Alice Springs. She says the changes were brought in on September 1.
“It was really tough prior to that,” she says.
Under the previous government first homebuyer grants were available only for new homes.
“The government was arrogant and they were not going to do anything about it,” says Ms Hart.
Saturday, April 20, 2024
The freedom of the press still furnishes that check upon government which no constitution has ever been able to provide – Chicago Tribune.
So great to see the positive policy of this new government is helping to turn around the devastating one of its predecessor.
The need for greed policies of the former NT Government only achieved a reduction of people’s lifestyle options and fed the players in charge already fattened bank accounts.
So glad the good people around Central Australia and the NT generally saw them for what they were and unceremoniously threw them out of office. They reaped what they sewed.
We have a brighter present and future now. Affordable and relevant housing / accommodation is basic and imperative to living well.
Yes Phil, good news, the equity in my house just went up about $20k.
Yes it is good, but why give everything to a group only?
New owners can have white goods for $2000, but pensioners cannot do repairs to their home.
Fixing a home puts value on it, and improves often the value of other’s homes in the same street.
Yes Phil, $529,000 for a dump in Kilgariff slum is great news.
Well said, Felix.