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Government Grant Update
AS of the first of January this year the Federal Government’s First Home Owners Boost has ceased.
The boost did the job it was intended to do and that was to support the economy during the global financial crisis.
Australia’s housing market bounced back strongly in 2009 after a subdued market the year before.
Over the year, Melbourne has been Australia’s best performing capital city with gains of 19.7% according to RP Data.
Within the Manningham area, Lower Templestowe was the best performing suburb, with an increase of 28.1%, according to figures produced by the Real Estate Institution of Victoria.
The December 2009 median price for Lower Templestowe was $694,500 up from $542,000 in December 2008.
It’s becoming increasingly harder for a first home buyer to buy, particularly in the Manningham area. However if you are a first home buyer you may still be eligible for one or more of the State First Home Owners grants.
The following table sets out the different amounts that first home buyers in Victoria may be eligible for:
From 1st Jan 2010 until 30th June 2010 |
Established |
New |
New Regional |
| State first home owners grant |
$7,000 |
$7,000 |
$7,000 |
| State first home bonus* |
$2,000 |
$11,000 |
$15,500 |
| Federal first home boost |
- |
- |
- |
| TOTAL |
$9,000 |
$18,000 |
$22,500 |
*To be eligible property must not exceed $600,000.
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| Have your say...
If you have any comments or ideas on the ‘Real Report’ or how we can improve our newsletter, we would like to hear from you. Please contact: newsletter@hudsonbond.com.au |
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| PROPERTY LISTING UPDATE |
PRICE |
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40 Canopus Drive, Doncaster East Top Location! |
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7 Pentlowe Avenue, Lower Templestowe Plans and Permits Approved |
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11 Burge Court, Doncaster East Ready for Sale |
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| RECENTLY SOLD PROPERTIES |
SOLD PRICE |
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29 St Clems Road, Doncaster East Sold in One Day |
$695,000 |
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7 Pentlowe Avenue, Lower Templestowe Sold in Two Days |
$710,000 |
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| WHAT SELLERS SAY ABOUT HUDSON BOND REAL ESTATE |
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We can’t thank you and your team enough for showing professionalism, dedication and care when handling the sale of our property.
What you have done in two weeks should set an example to the rest of the foreign agents out here that had tried for up to six months to sell our house without success. Read More |
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"I once met on my travels, an old Brahmin, who was exceedingly wise, full of native intelligence, and profoundly learned; moreover, he was rich, and in consequence, all the wiser still, for being in want of nothing, he had no need to deceive anybody." - Voltaire


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| Find the right way to sell your home. Hudson Bond will help you understand selling strategies that work. more |
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| Tell us what you want - the type of home, the area and your price range. If we've got a home that suits you, we'll let you know immediately. more |
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 CALL (03) 9840 7700 OR EMAIL sales@hudsonbond.com.au
At Hudson Bond we work hard to demonstrate our difference. We guarantee:
No Sale, No Charge You pay nothing unless we sell your property
Best Price We guarantee to get the top selling price for your home
Safety You're in control. You have the freedom to sell if you're happy with the price
Quick Sale Our average selling time is 22 days, about half of the industry average

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