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The Real Report

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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PROPERTY LISTING UPDATE
PRICE

40 Canopus Drive, Doncaster East
Top Location!


7 Pentlowe Avenue, Lower Templestowe
Plans and Permits Approved


11 Burge Court, Doncaster East
Ready for Sale


Contact Us VIEW our full list of properies

RECENTLY SOLD PROPERTIES
SOLD PRICE

17 Botanic Drive, Doncaster
Single Storey Home Like New

$836,888

35 Canopus Drive, Doncaster East
Top Location!

$720,888

29 St Clems Road, Doncaster East
Sold in One Day

$695,000

7 Pentlowe Avenue, Lower Templestowe
Sold in Two Days

$710,000

WHAT SELLERS SAY ABOUT HUDSON BOND REAL ESTATE

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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© 2010 Hudson Bond Real Estate Pty Ltd, ABN 64 073 931 183. 751 Doncaster Road, Doncaster Victoria 3108 Australia. All Rights Reserved.

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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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EMAIL:
sales@hudsonbond.com.au

PHONE:
(03) 9840 7700

ADDRESS:
751 Doncaster Road
Doncaster Victoria 3108, Australia

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