The Australian government has now approved a new first home buyer incentive whereby new first home buyer who purchases an old house will get 14 thousand ($AUSD 14K) or 21 thousand ($AUSD 21K) for those who purchases a newly built home.
This obviosuly sounds like a good news for first home buyers as that’s potentially free money from the federal government. Adding that on top to any mortgage lending could potentially get you enough money to pay off a down payment deposit plus legal paperworks to buy a new home.
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