First Home Buyers Should Exercise Caution

The volume of new loans to first home buyers in New South Wales and Victoria has climbed substantially over recent months as value growth has slowed and even begun to fall in Sydney and Melbourne.  First home buyers must be vigilant about purchasing homes and not just be lured into buying at the peak of the market because of attractive incentives.

In New South Wales, from 1 July 2017 first home buyers don’t have to pay stamp duty for both new and existing homes for properties up to…