Wolfdene strives to positively engage with the community through our Wolfdene Community program.

We run a calendar of events to enable residents and visitors to meet some of their neighbours, experience something new and enjoy their surroundings. It’s also an opportunity for us to come along, get to know people and chat about how we can make their neighbourhoods better.

In 2019, we’re working with local council and not-for-profit organisations to expand our investment in the community even wider to help address a range of key social issues.

26.06.2020

Australian Government Announce HomeBuilder Incentive

The Australian Government has announced a home building initiative aimed to stimulate and revive the housing construction industry, which is great news for people looking to purchase in one of Wolfdene’s Communities.

Under this federal scheme, $25k cash will be available to eligible buyers to build a new home (including townhomes) – whether first home buyers or not, where the house and land value is less than $750,000.

 The Federal Government’s $25k HomeBuilder Grant*, $10k FHOG and generous State Government stamp duty concessions* make it the perfect time for you to buy – especially if you are an eligible first homebuyer.

 

See below the potential savings outlined by a Wolfdene Case Study:

 Case Study

 House and Land

Potential savings on a $600,000 House and Land Package (If eligible for grants)

  • HomeBuilder Grant: $25,000
  • First Homeowner Grant: $10,000
  • FHO Stamp Duty Concession: $15,000
  • Total Savings: $50,000**

 

Townhome:

Potential Savings on a $360,000 Townhouse (if eligible for grants)

  • HomeBuilder Grant: $25,000
  • First Homeowner Grant: $10,000
  • FHO Stamp Duty Concession: $3,000
  • Total Savings: $38,000**

 

Rent vs Mortgage:

Compare your rent and mortgage payments and consider if you could be living a more financially independent life as a homeowner. Repayments on your property after incentives:

  • House and Land: $542 per week
  • Townhome: $312 per week

 

What are you currently paying in rent?

 

Terms and Conditions: *Terms and conditions apply to the HomeBuilder, FHOG and FHB Stamp Duty Concession programs. These incentives have different eligibility criteria and are only available for a limited time. Prospective purchasers should do their own due diligence using Government guidelines to determine eligibility. **Example only which does not constitute financial advice and is subject to variation depending on each individual’s financial and contractual arrangements and personal situation. ^Calculations based on common information available at time of publication and could differ between lenders and vary according to market conditions.

 

 

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