A leg up for first home buyers

Residents wanting to enter market only have to save for a 5% deposit
Leah Coles
WEB Tman 15 Housing HIA article pe c5 20191103
LIMITED AMOUNT: First home buyers will be looking to get in early with the First Home Buyers Scheme comes into effect next year.

HOME buyers and sellers in Wangaratta are set to benefit from the new First Home Buyers Scheme.

The Government announced the revision to the First Home Buyers Scheme on Monday and eligible buyers will be able to access the scheme when purchasing a home worth up to $375,000 in rural and regional areas such as Wangaratta or up to $600,000 in Melbourne.

The scheme will only be available to 10,000 first home buyers each year from January 2020 on a first in, best dressed basis.

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