Central Coast new homes

22/01/20

A Growing Suburb

Warnervale New Public School is said to be on track for completion by late 2021.  The new school is to provide for up to 460 students with facilities and plans to allow for future expansion of the school in long term. The location of the new primary school,  Warnervale Road Warnervale will be close to […]
04/01/20

2020 – New First Home Buyers Scheme

First Home Buyers will have an opportunity to enter the property market with a smaller deposit under a New Federal Government (new home loan deposit) Scheme which commenced 1st January 2020. Under the scheme, first home buyers with a deposit as small as 5% may be able to apply for a mortgage, which the government […]
23/08/19

Non Bank Lenders emerging to help new home owners

Tighter lending standards introduced after the Royal Commission have put banks under the spotlight. This, as well as efforts by the Australian Prudential Regulation Authority (APRA) to slow growth to investment lending, have made it difficult for borrowers to get a home loan. This crackdown is in place to reduce the likelihood of customers defaulting […]
07/06/19

Water bills will fall for most Coasties

Central Coast water bills will fall by up to 33 per cent for some residents – a saving of up to $355 – after the pricing regulator released its final report. The Independent Pricing and Regulatory Tribunal (IPART) released its report on the maximum prices Central Coast Council can charge for water, sewerage and stormwater […]
27/05/19

It is time to create a Forever Home or strong Investment in Hamlyn Terrace

With the election over, there is no longer a black cloud over negative gearing and Capital Gains tax. In addition, APRA is considering lowering their assessment rate which stands currently at 7.25% – finally common sense prevails!  With current  rates around 3.99%, the gap is too wide to be sensible. There is also strong comment […]
23/05/19

Finally a First Home Owner Loan Deposit scheme

Prime Minister Scott Morrison has announced a new First Home Loan Deposit Scheme that will enable first home buyers to access a mortgage with a 5 per cent deposit. Mr Morrison said: “It can take nine to 10 years for an average household to save a deposit. We want to help Australians realise the goal […]

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