In a few weeks, the Government Incentive of $10,000 to buy new property will end

  • January 9, 2012
  • Ayda Shabanzadeh
  • Investment

As most people head back to their working life this week, we have been busy working with the last few Queenslanders to take advantage of the combined QLD State Government incentive and Grow Consulting Group incentives of up to $35,000 on new property.

Yes, its true, unfortunately the much-talked about QLD State Government incentive of $10,000 for all buyers of new property, designed to stimulate the residential building industry and local property market, will be coming to an end on 31 January.

If you act quickly, you might just make it, as it is not actually necessary that the home is actually built or completed before the closing date of the grant. For a comprehensive home building project, building work must commence within 26 weeks of the date of the contract and be completed within 18 months of the work starting. For homes and apartments bought off the plan, the building work must be completed by 31 July 2013.

Give us a call today to find out what incentives you qualify for. If you don’t quite make it in time to quality for the $10,000 Government grant, you may still be eligible for the discounts we have been able to arrange on your behalf with developers.