Blog Article

Looking for one of the best hotspots for no or low deposit homes?
Posted On  Jun 16, 2016

If you’re looking for one of the country’s best regions to buy real estate with no or low deposit, look no further than Southeast Queensland. For it is here that suburbs such as Coomera, Oxenford, Maudslands, Pimpama and Ormeau are offering potential first home buyers excellent value for money.

Combined with recent changes to the Great Start Grant (now known as the First Homeowner’s Grant), the area now offers a great opportunity for first home buyers looking to get into their homes before prices rise.

These Southeast Queensland suburbs lend themselves to families and Oxenford has been the site of much development. It already boasts a Warner Bros Movie World and Wet ‘n Wild theme parks with plans for a multi-million dollar ski park on the drawing board.

Coomera is ideally situated between Brisbane and the Gold Coast and has the advantages of a train station, a TAFE building and is expanding with spending on residential and resort developments.

Growing suburbs such as these are the future for Southeast Queensland and offer great value. Some homes located just half an hour from the state CBD are available for around $500,000!

With the state government increasing the First Homeowner’s Grant from $15,000 to $20,000 for first home owners for properties under $750,000 there are great opportunities for people looking at no or low deposit first homes. The government has signalled it has recognised the needs of first home buyers and the restructuring will take from July 1 and last for a period of one year.

Interested in finding out more? Contact us at Build or Built to learn how our mortgage managers can help you buy and move in to your first home far sooner than you thought possible. We deal with master builders and can offer you a great finance package on fixed priced contracts, to full turnkey condition on high or low set homes.