What impact do you think there will be to the NSW property with the new Budget changes to Stamp Duty and the First Home buyer Grants?
http://www.yourinvestmentpropertymag.com.au/article/nsw-scraps-first-home-owner-grant-129904.aspx
Here a some views – What do you Think ? Will you be going out and buying a new property off the plan before September 30th 2012 to avoid paying Stamp duty ?
Well I think many first home buyers will be more prone to consider buying new homes, considering the very generous benefits.
But in light of scrapping the first home benefits for buyers of existing homes by the end of next month, I think that we'll be seeing more first home buyers purchases before Sept 30th. I actually know of 2 first home buyers who are friends who are in the process of buying beofre the deadline.
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