PROPERTY DEVELOPMENT

Will the First Home Owners Grant boost Developers?

January 18 2017
First Home Owners boost
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2017 has seen the return of the First Home Owners boost, and already a rise in activity has been recorded in the new homes market. But, how does this boost to First Home buyers help boost Developers? We take a look at the changes and the flow on effects these could have to Perth Property Developers.

On the 27th December 2017 the Government of Western Australia announced a temporary boost to the First Home Owners Grant (FHOG). The change was implemented as a stimulus to bring First Home Buyers back into the new homes market and stimulate building activity.

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