Strong overseas and mainland interest in Tasmanian property (The Mercury) has seen a recent surge in Real Estate sales, while the FHOG (first home owner's grant) has allowed first home buyers to 'stay in the game'.
Housing Industry Association Tasmania executive director Rick Sassin has put forward a case for the $20,000 taxpayer funded stimulus to continue into next year. (The Mercury) At this stage that 'bonus' is set to end on 31st December 2015. The FHOG has had a terrific impact to the tasmanian economy. We are seeing young couples who are directly or indirectly connected with the building trade enjoying the confidence to take the big step into home ownership. Land prices have not changed significantly and building costs have remained steady. Contrary to common belief property developers are in most cases offering further incentives on top of the $20,000 to assist those looking to purchase.
There are still plenty of great opportunities out there especially for astute buyers who understand that getting into the market with your first property is a stepping stone towards future goals.
Housing Industry Association Tasmania executive director Rick Sassin has put forward a case for the $20,000 taxpayer funded stimulus to continue into next year. (The Mercury) At this stage that 'bonus' is set to end on 31st December 2015. The FHOG has had a terrific impact to the tasmanian economy. We are seeing young couples who are directly or indirectly connected with the building trade enjoying the confidence to take the big step into home ownership. Land prices have not changed significantly and building costs have remained steady. Contrary to common belief property developers are in most cases offering further incentives on top of the $20,000 to assist those looking to purchase.
There are still plenty of great opportunities out there especially for astute buyers who understand that getting into the market with your first property is a stepping stone towards future goals.