Homebuilder Scheme - EXPLAINED 💰
2020 has been a wickedly wild ride so far !
FIRES, PANDEMICS, KILLER BEES, RIOTS,
There is no doubt about it we have seen HIGHS and LOWS of biblical proportion in the last 6 months and we can only hope that the worst is behind us, And we can start to rebuild safley to ensure we finish the year a little better than we started.
What are we rebuilding ?
Businesses Lost, Careers made redundant, Even perhaps relationships with friends we haven’t seen much of whilst in lockdown !
But of the highest importance, What has taken the brunt of the impact has been the Economy.
There’s an old saying about property “When there’s blood in the streets BUY property..”
While this well known proverb by 18th century nobleman Baron Rothschild has been true for you and I at the ground level for hundreds of years,
Those “top level thinkers” in Canberra historically have followed their own version of the classic line :
“When theres blood in the streets BUILD property…” And thats exactly what SCOMO plans to encourage us Australians to do using the newly revealed “Homebuilder Scheme” in order to help keep the big gears of Australian property turning over in order to help fire up the economy til we are up and running on all 8 Cylinders again !
WHAT EFFECT WILL THIS HAVE ON THE PROPERTY MARKET ?
One thing we saw during the Lockdown portion of the pandemic was suprising stability in the market.
You must remember prior to the lockdown the market was absolutely PUMPING and we were quite frankly running out of houses to sell in newer parts of NW Sydney as we saw prices come up nearly 10% in the opening months of 2020, Some would call it a full recovery from the crash of 2018.
When they announced a nationwide lockdown it was only natural to expect that the market would lose those gains pretty fast but an incredible thing happened instead : IT HELD STRONG.
We transacted a tonne of property for our vendors during the pandemic and protected prices pretty well through the turbulence.
NOW we are *knock on wood* coming out the other side with a few JUICY new incentives for people to buy & build new homes
1. Record Low Interest Rates - A handy bi-product of the pandemic shutdown granted to help prop up the struggling economy.
2. SCOMOS “Homebuilder” Scheme - A NEW set of incentives to protect our construction industry which makes up such a massive part of our economy.
WHAT IS AVAILABLE AS PART OF THE HOMEBUILDER SCHEME ?
💰 $25,000 for eligible Australians who want to renovate a home at a cost of between $150,000 - $750,000
💰 $25,000 for eligible Australians who want to build a new home up the value of $750,000
WHAT ARE THE RULES OF THE SCHEME ?
🏠 Renovations must improve the “livability” of the home i.e no pools, tennis courts etc.
🏠 The house to be renovated must have a MAX value of $1,500,000.
🏠 To get the $25,000 the applicant must earn less than $125,000 OR $200,000 as a couple
🏠 You must be able to pay the builder the first installment for the work and then can apply for the $25,000 afterwards.
SCOMO expects this NEW scheme to cost $688,000,000 and provide work for nearly 150,000 Aussie tradies.
WE expect this scheme to fire the market right up and create massive demand for H&L packages below $750,000 as Aussies scramble to take advantage of the massive $25,000 on offer.
If you happen to a be a first home buyer OR investor who wants to see what your options are in this price point CONTACT ME ASAP.
I currently have access to a WIDE RANGE of H&L’s below $750,000 being produced by the nations finest builders such as McDonald Jones, Edgewater Homes, Wisdom Homes & more ranging from NW Sydney predominantly around Marsden Park all the way out to the SW as far as Cobbity and I am KEEN AZ to assist my network in harnessing the power of this opportunity.
Winter already, My fav time of year !
I wanna be Makin Deals & Smashin Hills🏂
Hit me up for a rundown of the stock I have that is eligible Call me anytime on 0422 580 588 ^_^
