State governments frequently offer bonuses to people building new homes or buying their first property, but many have strict deadlines attached. Property Observer has a useful state-by-state listing of current schemes and their expiry dates which is worth checking out if you’re looking into your first home.
Picture by Henry Burrows
Unsurprisingly, the biggest bonus applies in regional areas keen to encourage development. There aren’t options for every state (WA and Tasmania aren’t listed), but for other buyers it’s worth checking into your eligibility, since thousands of dollars are potentially in the offing.
Calendar of need-to-know deadlines for home buyers wanting government grants [Property Observer]
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