16 August 2011
Buyers looking to purchase new developments will benefit most from the recent state budget, announced by Treasurer John Lenders. Those buying newly constructed properties in regional areas gain an extra $4,000, bringing their total entitlement up to $26,000. An extra $2,000 is available for those buying new developments in metropolitan Melbourne, with up to $20,000 [...]
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16 August 2011
Bureau of Statistics data for the three months to March showed the number of new housing starts has fallen to 5400, down from 7500 in the same period last year and 11,000 five years ago. However, the housing industry believes this week’s budget will help deliver a long-awaited turnaround. “There will be a boom,” said [...]
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