Exciting News for First Home Buyers: State Budget 2024-25 Brings New Benefits

We have exciting news for first home buyers! The recently announced State Budget 2024-25 brings with it a range of new benefits to help you make your dream of owning your own home a reality. Now is the perfect time to start planning and putting in place the steps necessary to get you into your first property. 

Stamp duty relief with no property value cap

One of the standout features of the State Budget is the removal of the property value cap for stamp duty relief on new build homes for first home buyers. Eligible first home buyers can take advantage of this relief when entering into a contract on or after 6 June 2024. This is an exciting step in helping make the dream of owning a property come true.

Visit the Revenue SA website to find out more and check your eligibility.

Property value cap removed for First Home Owners Grant  

Additionally, the State Budget has retained the existing First Home Owner Grant (FHOG) at $15,000 and removed the property value cap for eligible contracts entered into on or after 6 June 2024.

Visit the Revenue SA website to find out more and check your eligibility.  

Make Your Homeownership Dreams a Reality

This expanded eligibility provides substantial financial support to those looking to get their foot onto the property ladder!

Take advantage of these concessions and make your dreams of homeownership a reality. Our Glenside Apartments qualify for these benefits, and our friendly Sales Consultant, Madsion, is here to help. Contact Madison on 0498 006 228 or info@glenside.com.au to find out more. 

*T&Cs apply – visit the Revenue SA website for more details. Only valid on contracts signed on or after 6/6/2024