How Government Changes Are Helping NSW Home Buyers
Key Facts Regarding The NSW Government Housing Affordability Package


The NSW government housing affordability packages which activate from July 1 st have been designed to help first home buyers and also reduce costs for some developers. The new packages include benefits such as:  

  • Abolish stamp duty on all homes up to $650,000
  • Give stamp duty relief for homes up to $800,000
  • Provide a $10,000 grant for builders of new homes up to $750,000 and purchasers of new homes up to $600,000
  • Abolish insurance duty on lenders’ mortgage insurance
  • Ensure foreign investors pay higher duties and land taxes
  • No longer allow investors to defer paying stamp duty on off-the- plan purchases.  

These changes will make it easier for first home buyers to enter what is still a very competitive property market. While home loan rates remain at current record low levels, the news is positive for buyers and sellers. Perhaps now is the time to review your home loan with the view to better understanding your home loan opportunities.

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Understanding the fine details of the many home loan options out there is often confusing and complicated. makes the process of gathering and understanding the information easy for you.  You will receive a report with borrowing capacity, estimated loan repayments, and more, as well as a chance to chat with a home loan professional to discuss your requirements.  All of this is absolutely FREE.  Request your home loan report today for the chance to potentially save thousands on your home loan.

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