One in four apartments sold in Finbar’s Aire West Perth has been purchased by first homebuyers keen to live a resort lifestyle in the vibrant inner city.
Buying their first home is an exciting time for anyone and Finbar Chief Operations Officer Ronald Chan said it was no surprise that about 25 per cent of apartments sold so far at Aire West Perth had been snapped up by first homebuyers.
“We’ve designed Aire West Perth especially to allow the residents to experience high-quality city living without the ‘luxury’ price tag”, he said.
“There is a mixture of one and two-bedroom apartments, so there’s something to suit every first homebuyer’s needs and, importantly, budget. Our first homebuyers are telling us they’re attracted to the location — close to the city centre, Northbridge, and Leederville — and the fantastic facilities within the development, itself. We really have worked to create a ‘resort’ feel to Aire West Perth and our first homebuyers have been very keen on the fact their new home comes with a heated pool, fully-equipped gym, an outdoor dining and barbecue area and even a sauna”.
First homebuyers in Western Australia are eligible for the First Home Owners Grant from the WA State Government. Mr Chan said the grant was often a crucial helping hand to get people onto the property ladder.
“First homeowners buying a new home in WA are eligible for a grant of up to $10,000. That’s an effective boost to their deposit savings and there are no income or asset tests — as long as you’re a first homebuyer, you qualify”, he said.
The WA Government also has a discounted rate of duty (what used to be called stamp duty) especially for first home owners. And there is no stamp duty for purchase price below $430,000.
First homebuyers have a year from the date of purchase to apply for the grant from the Office of State Revenue. For more information on the First Home Owners Grant, including requirements and the application forms, check out the State Government Fact Sheet. For more on the First Home Owners Rate of Duty, visit the Department of Finance website.
If you’re a first homebuyer who would like more information about Aire West Perth, check out our website and contact an exclusive selling agent today.