South Jerrabomberra Construction Update - April 2020
There has been significant progress on the civil infrastructure work at South Jerrabomberra over recent months:
NSW Government provides further clarity on HomeBuilder Grant
The NSW Government has released further information on how the HomeBuilder Grant will operate for NSW homebuyers.
The grant provides eligible owner-occupiers $25,000 towards the cost of building or buying a new home or substantially renovating an existing home.
NSW Government changes stamp duty rules for first-home buyers
The NSW Government has announced stamp duty changes for first-home buyers purchasing newly-built properties.
Commencing 1 August 2020, the threshold above which stamp duty will be charged on new homes for first-home buyers will increase from the current $650,000 to $800,000, with the concession reducing on higher values before phasing out at $1 million.