Looks like the recent announcement by the Federal Government to increase the FHOG from $7,000 to $14,000 has had the desired effect with an marked increase in enquiries by first home buyers.
The confusion however seems to be with the SA State Governments extra $4,000 Grant.
So to clarify, First Home Buyers in SA will get a total of $18,000 to buy their first property, or $25,000 to Construct their first property.
That's gotta please GenY!
Post courtesy of
17 Melbourne Street
North Adelaide SA 5006
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