Some first home buyers could find their way into the market sooner under a new federal government scheme. Here's what to know.
The federal government's Help to Buy bill, which hopes to target low- and middle-income earners trying to get onto the property ladder, has been
"In fact, Help to Buy could help eligible new home owners save hundreds every month on their mortgage."depending on the price paid for each home.The capital gains will be calculated based on the size of the government's equity share in the property. "For Sydney, $950,000 will only get you about 10 per cent of houses in suburbs of Sydney," she said. "But it'll get you about 30, 35 per cent of units."
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