- Home
- Blog
ROMA Blog
NEW: FEDERAL BUDGET
Let's take a look at what the latest Federal Budget will mean for you and the Real Estate Market...
Family Home Guarantee
This new program provides eligible single parents with dependants the opportunity to build a new or purchase an existing home with a deposit of 2%.
New Home Guarantee
Under this scheme, first home buyers can build or purchase a new home, including new construction, off-the plan houses and house and land packages.
First Home Super Saver
The legislation allows individuals to make additional voluntary contributions to their super fund, which can then be withdrawn at a later stage to purchase their first home. The contribution maximum under the scheme has increased from $30k to $50k.
Downsizer Eligibility
The eligibility age for downsizer contributions has been reduced from 65 to 60. Those eligible can choose to make a downsizer contribution into their superannuation of up to $300k per person ($600k per couple) from the proceeds of selling their home.
Australia's housing market is in the midst of a broad-based boom, and our team have the local knowledge, strategic marketing tools and passion to harness these conditions in your final sale price.
Get in touch with us today to find out the best strategy for you and why the time to make a property move.