Why buy used when new is now so much cheaper?

The Queensland Government recently announced a set of
major changes to make buying a brand new home at any
Villa World Homes project or a 'house & land' package at
any GEO Developments project, even more affordable.

What does it mean for you?

Available for
a limited time only
1 August 2011 to
31 January 2012

Owner Occupier & Investors Save $10,000

You will receive the $10,000 Qld Govt Building
Boost Grant when purchasing a new home.

The $10,000 Queensland Building Boost Grant is available to any person
or corporation buying or building a new home to live in, or to rent out for
investment purposes, for homes less than $600,000.

First Home buyers Save $17,000

You will receive the same $10,000 Qld Govt Building Boost Grant that Owner Occupiers receive PLUS an additional $7000 First Home Owner Grant… that's a 'Double-Dip Bonus' of an amazing $17,000

The $7,000 First Home Owner Grant was created to help you buy or build your first home. The grant applies to first home buyers purchasing a home with a value less than $750,000.

Transfer Duty

Home Concession
Closes 31 July 2011
The Home Concession for transfer duty will end on 31 July 2011. This is the transfer duty concession that people who are not first home buyers receive when buying a home to live in as their principal place of residence. If you are considering buying a home you should carefully consider the transfer duty reforms to help you make an informed decision about the timing of your purchase.

New transfer duty rates
Commence from 1 August 2011
The transfer duty rate structure will be revised to ensure transfer duty payable on a home remains lower in Queensland than under the standard rate in any other mainland state of Australia. If you are considering buying a home you should carefully consider the transfer duty reforms to help you make an informed decision about the timing of your purchase.

First Home Concession and Vacant Land Concession
Continuing but changing from 1 August 2011
First home buyers will continue to receive a First Home Concession on their transfer duty costs. This includes first home buyers purchasing blocks of residential land to build on.
The concession rates have been adjusted to take into account the removal of the Home Concession.