Reminder that as from the 1st August 2021, thresholds will revert to the previous parameters: New Homes valued less than $650,000, full exemption from transfer duty applies New Homes valued between $650,000 and $800,000, concessional rate of duty applies Vacant Land valued less than $350,000 full exemption from transfer duty Vacant Land valued between $350,000…
First Home Buyer Assistance Scheme Read More »
The Reserve Bank has left the official interest rate at a record low of 0.1% for the eighth month running, after meeting on the 6th July 2021. While there is no change to the cash rate target, the RBA has signaled that a rise may still come a little earlier than first indicated.
RBA Holds Interest Rates Read More »
Government announced it’s approach is to enable banks to lend to people who have not be able to save a house loan deposit. First Home Buyers 5% Scheme, rebranded as New Home Guarantee for 10,000 eligible First Home Buyers. New Family Home Guarantee is designed to assist eligible single parents buy a home with a…
Federal Budget 2021 Read More »
The RBA is keeping interest rates at the historically low of 0.1%, noting that the housing market has strengthened. Growth to owner occupiers had picked up, and strong demand from first home buyers. Research from CoreLogic showed that home prices soared at the fastest rate in 32 years in March. The bank will continue to…
Property Market Boom! Read More »
Proposed changes to Stamp Duty, may provide freedom to choose paying Stamp Duty upfront or paying a smaller annual property tax. Removing the upfront Stamp Duty cost, removes thousands of dollars from the home purchase process making home ownership more achievable. This proposed change is only if purchasing. There is no change if you have…
Proposed Changes to make Home Ownership More Achievable Read More »
See it and Believe it…….. The Reserve Bank has reduced the official interest rate to a new historic low to 0.1%.
The Reserve Bank has left the office interest rate on hold at the historic low of 0.25%. This now marks the seventh month in a row without a change! This decision means that the interest rate on loans remains stable assisting households and businesses.
Local Councils use The Valuer General land value to distribute rates across their local government areas. The Valuer General does not set rate fees for councils. Changes to land value may not necessarily lead to changes to local council rates. Local Councils choose a combination of rate charges and fees for it’s area and community…
Land Value and Rates Read More »
NSW State Premier announced that as from the 1st August 2020, stamp duty tax would be temporarily paused for new homes priced under $800,000 for first home buyers. The NSW Government expects around 6000 first home buyers to benefit from the plan designed to support the construction industry and generate new jobs through the Coronavirus…
Stamp Duty Paused! Read More »
Dear valued customers, Yeramba Estates and its associated companies is committed to the health and wellbeing of our people, clients and consultants. Just like other crises, the current COVID-19 situation will eventually pass. We are not saying that we should not all be careful nor cognisant of the risks caused by this virus. Nor are…
Message to Our Customers Read More »
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All Rights Reserved
Website by Oddball Marketing
