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NEW SOUTH WALES: FIRST HOMES BUYERS SCHEME

In the past two months, the builders felt the strong demand from investors.

First home buyers do not want to miss the preferred first homes buyers scheme to buy a house. Such preferred policies apply to the price of less than $600,000 on new homes.

Developers, CBRE, said the price of these apartments on many of these projects is less than $600,000. The company said sales in Sydney is very strong. The company's Managing Director on Saturday is expected to be able to sell at least 50 sets of new apartments. He said: "Price is less than $600,000 makes residential demand very large, reduced stamp duty preferred first home buyers scheme policies are the facilitator."



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