The First Home Buyers Scheme introduced in November 2019, announced 10,000 first home buyer packages from January 1 to June 30, 2020. This allocation was snapped up quickly with new home buyers keen to get into the Melbourne property market and enjoy their first home. If you want to apply for the next round, another 10,000 will be released from July 1, 2020.
What is the First Home Loan Deposit Scheme (FHLDS)? The FHLDS is a government initiative which helps people buy their first home. Normally you’re required to have a 20% deposit for a new home, or pay thousands of dollars in mortgage insurance for anything less than 20%. This scheme allows people to buy a home with as little as 5% and no mortgage insurance, so it makes getting into the property market a whole lot easier.
If you missed out in this allocation, another 10,000 packages will be released on July 1. Or, you can take advantage of Aldo’s “Deposit Match EOFY” offer.
We’re offering this as an incentive along with another four good reasons to buy at Aldo Estate before the end of June, 2020.
1. We’ll match your deposit of up to $20,000 up until the end of June 2020
To help you buy a home at Aldo Estate, we’re offering up to $20,000 off selected blocks. This is an excellent opportunity to help you enter the property market or grow your investment portfolio. Give us a call on 1300253637 to find out more or go to our website.
2. The Homebuilders Grant - $25,000 toward your build
The Federal Government has just announced the Homebuild Grant giving eligible participants $25,000 toward their new home build under the value of $750,000. A few conditions apply so give us a call for more information.
3. Own your own home for $405 per week
You can buy a brand new house and land package at Aldo in Fraser Rise from only $405 per week, less than the median rental in Fraser Rise which is $440 per week.
If you’re wondering whether it’s possible to own your own home, there are options available to you to explore further; our $20,000 deposit match incentive; mortgage brokers who specialise in low deposit loans; and first home buyer schemes. Call us to discuss these options further.
4. Start the new financial year with an excellent investment
Make the start of the new financial year a positive one with a property investment at Aldo. Fraser Rise is a thirty minute drive north-west of Melbourne’s CBD and had been named as one of Australia’s top 10 best real estate investments by Business Insider. Fraser Rise has grown by a significant 130% in the last five years. Back in 2014, houses were selling for $253,000 and today they’re selling for nearly $590,000.
5. Take advantage of very low interest rates right now
We have not seen interests rates this low since November 2012 so the opportunity to lend money at a low cost and fix these rates for several years does not come along very often. With the new financial year, we may see an increase in interest rates again. Now is an opportune time to buy a home or invest in property at Fraser Rise.
And with the end of the financial year, your tax refund will be due which can be added to your deposit. It’s always tempting to receive a tax refund and spend it on stuff. However, putting it toward your own home will give you long term gratification not to mention a quality investment.
Why buy at Aldo Estate in Fraser Rise?
With the state government’s commitment to supporting land and infrastructure development through the northern corridor of Melbourne, there are many options for home buyers to pick and choose from.
So why buy at Aldo? Because you get a quality and affordable lifestyle with all the amenities and conveniences you need for a quality lifestyle.
There are eleven schools and early learning centres within a fifteen-minute drive of Aldo with more public and private schools being planned
Aldo is accessible and a short drive to the following:
- 7 minute drive to Watergardens Plaza
- 9 minute drive to Watergardens Station
- 12 minute drive to Organ Pipes National Park
- 20 minute drive to Tullamarine Airport
- 30 minute drive to Melbourne CBD
Don’t delay, call us about our EOFY 2020 offer - $20K toward your deposit by end June!
If you’ve been thinking about house and land packages in Melbourne’s northern corridor, now is a good time to look at why Aldo might just be the ideal investment. Call us on 1300253637 and speak to our friendly team who will help you understand your options and choices.