Yarrabilba House & Land Catalogue - Lendlease Communities

Page 2 Lendlease Yarrabilba Yarrabilba display village “IT’S A GREAT TIME TO BE BUYING YOUR FIRST HOME! WITH THE NEWLY ANNOUNCED HOMEBUILDER STIMULUS OF $25,000, QUEENSLAND’S $15,000 FIRST HOME OWNERS GRANT PLUS NO GOVERNMENT STAMP DUTY, RECORD LOW INTEREST RATES AND A VAST SELECTION OF BUILDER PROMOTIONS ON OFFER, WHY NOT MAKE THAT TIME NOW?” Tracie Findlay, Yarrabilba Sales Consultant “LENDLEASE KNEW A LOT ABOUT THE LOCAL AREA, THEY WERE ABLE TO ANSWER ANY QUESTIONS WE HAD – IT WAS AN EASY PROCESS.” Amber Stephens, Yarrabilba Resident “AS SOON AS WE MOVED IN HERE, WE KNEW THAT THIS WAS THE PLACE WHERE WE WANTED TO BE.” The Heagney family, Yarrabilba Residents Seven reasons to keep your new home dreams alive It’s ok to keep dreaming of building your dream home. There is plenty of government support plus very attractive interest rates and some great offers. It could just mean you can make the decision sooner than you think. *TERMS AND CONDITIONS APPLY REASONS TO START LIVING YOUR DREAM 7 1 BANKS ARE OFFERING ATTRACTIVE INTEREST RATES The Reserve Bank of Australia cut official interest rates yet again to a record low 0.25% in March 2020. This means banks and other financial institutions are now offering very attractive home loan rates. 2 THERE’S A NEW SCHEME IN TOWN As of 5 June 2020, a new federal government grant provides approved buyers with an extra $25k toward their new home. The scheme complements existing grants and programs including the Commonwealth’s First Home Loan Deposit Scheme. And the best news is the $25k HomeBuilder grant is that it’s open to 2nd and 3rd homeowners too. 3 GRANTING YOU THE POWER TO BUY For Queensland residents a first home owner grant can be worth up to $15,000. To check your eligibility for the First Home Owner Grant visit http://www.firsthome.gov.au/ 4 FULL OR PARTIAL EXEMPTIONS FROM DUTY A stamp duty exemption may be available for first home buyers. The exemption can lower the tax you pay when purchasing your property. Depending on purchase price, you can get partial or full exemption on stamp duty when you buy your first home, leaving you more money to spend on making your first place feel like home. 5 CHANGES TO THE ‘STRESS TEST’ The Australian Prudential Regulation Authority (APRA) has changed the ‘stress test’ banks are required to apply to see if the customers can repay residential home loans if the interest rates go up. The changes to the ‘stress test’ could allow more Australians to borrow the amount they need for their dream home. 6 MORE CHOICE This month will see the release of new land at Yarrabilba which means you can builder your dream home sooner and take advantage of all the government incentives available. 7 MASTERFUL NEW MASTERPLANS When you buy your first home, you also buy in to your first community. “We take a holistic approach to master planning,” Tracie Findlay says. “We focus on lifestyle and community benefits that provide a strong sense of belonging for new residents.” From schools and town centres to shops, cafes and restaurants, building your first home comes with much more than new walls and a roof.