First time buyer grants stimulate interest in TAS
Tasmanians are urged to take advantage of the state government's first time buyer incentives ...
Tasmanians are urged to take advantage of the state government's first time buyer incentives and build their own home.
Attending the opening of the Housing Industry Association's (HIA) new headquarters yesterday (February 25), premier Lara Giddings said conditions are in favour of those entering the market for the first time.
The $15,000 First Home Builder's Boost is part of the $24.5 million Tasmanian Jobs Package – an initiative that aims to support the development of 1,100 new dwellings over the next 18 months.
Ms Giddings said the scheme, which was introduced on January 1, is a major boon for Tasmanians.
"I would certainly encourage people thinking about buying a new home to seriously consider building," the premier remarked.
"The $15,000 boost, combined with lower interest rates mean there has never been a better time to build your own home."
The premier went on to say that the HIA and other builders in the state had already seen an increase in new home building enquiries since the scheme was introduced last month – a trend that is likely to also be reflected in the coming months.