INDUSTRY NEWS

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12th October 2020
DEMAND FOR VACANT LAND ON THE RISE IN WOLLONGONG

Reference - Brendan Crabb, Illawarra Mercury
There has been an increased demand for vacant land within the Illawarra during recent months, one expert says.This includes the demand for vacant land.

"Developers' agents in the larger land release subdivisions in West Dapto and Calderwood are reporting stronger inquiry and a higher level of sales, although competition between estates means some are still offering incentives to entice prospective purchasers," Mr McKenna said.

Prices of resales in Calderwood since August have ranged from $260,000 for a 408sqm corner lot with a split-level elevation to $450,000 for a 740sqm near level corner lot designated by the developer as a duplex lot.

Meanwhile, out at West Dapto, resales have ranged from $357,500 for a 460sqm inside lot situated close to power lines to $435,000 for a 465sqm, gently sloping inside lot opposite Wongawilli ponds.
* Read the full story: Illawarra Mercury

18th September 2020
A FIRST HOME BUYERS GUIDE TO THE ROLE OF MORTGAGE BROKER

As Ruth Lewis reports for the Illawarra Mercury, more and more people are looking to mortgage brokers for home loans and advice.  Follow the link to read the full story on whether a mortgage broker may be for you.
Read more: Illawarra Mercury

27th July 2020
HELP FOR FIRST HOME BUYERS
The NSW Government will temporarily waive Stamp Duty on new homes under $800,000 for first home buyers.  This, they hope, will be a boost for the construction industry and help to boost jobs.
Below is a link to the Domain and NSW Government websites for  further information.
NSW Government Website: https://www.nsw.gov.au/projects/a-fair-go-for-first-home-buyers  

Domain: https://www.domain.com.au/news/stamp-duty-for-first-home-buyers-to-be-temporarily-waived-on-new-properties-worth-up-to-800000-972417

 

 

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