Start Now, Start New: Why Now Is The Right Time To Buy a Home
July 14, 2023
The property market is on the up and up, which means now is the best time to get your foot in the door with your first home. You can take advantage of generous government grants as well as a special $5k* Home Starter Reward from AVID. Plus there’s low interest rates, all the benefits of a new property and the neighbourly spirit of buying in a master-planned community.
Here, we look at five contributing factors that make now the ideal time to buy your first home. Start now, start new.
1. Buy an energy-efficient home completely under warranty
When you buy an older property in an established area, you’re buying all the years that it’s been lived in as well. That means potential problems down the line with old plumbing and wiring. And if you aren’t happy with the size or layout of the home, you’ll need to pour money into renovations. That’s not the case with a new home that meets all your dream specifications.
What’s more, a new home could mean more energy efficiency and potential savings on utility bills. You can invest in smart home appliances, and everything new may still be under warranty. The best part? Your new home has never been lived in – so it’s your dream home, not someone else’s.
2. You could be eligible for government grants
Looking to move to a fantastic community like Harmony on the Sunshine Coast? Then you might be eligible for Queensland’s first home owner grant. $15,000 put towards the purchase of buying or building your new home – so long as the home’s value is less than $750,000, which is every house-and-land package currently available at Harmony.
3. Interest rates are lower than ever
With a range of global activities impacting economies around the world, the Reserve Bank of Australia recently made the decision to slash interest rates in back-to-back months, with the latest cut dropping rates to 1% in July.
This is actually great news for home buyers. With historically low interest rates, you can make your dollar go further and take advantage of home loans with some of the lowest interest rates in recent history.
4. A master-planned community with all the bells and whistles
Buying in a community that’s been master-planned with its future residents in mind is a fantastic choice for a first home buyer. Not only do you get to live among neighbours who want a similar lifestyle as you, but you can enjoy top-quality amenities and a casual, connected community.
At Harmony, for example, there are lots of green open spaces, local roasters Harmony Cafe, and close proximity to the best the Sunshine Coast has to offer in beaches, shopping and entertainment.
5. Take advantage of the AVID Home Starter Reward
For a limited time, AVID is offering new buyers a $5,000* Home Starter Reward for purchases at the coastal community of Harmony. Buying your first home is the start of an exciting chapter of your life, and a $5k* Visa Gift Card is sure to be a welcome boost as you move into your new community and start filling out your new home.
Central to everything the Sunshine Coast has to offer, Harmony perfectly encapsulates the desirable coastal lifestyle. Boasting a unique casual culture that is also genuine and welcoming, living at Harmony means you are part of a connected community.
* One $5,000 (incl GST) VISA Gift Card (redeemable where accepted) per contract on selected lots entered between 9am AEST 5/9/19 and 5pm AEST 6/10/19 and settled by 5pm AEST 25/10/19. Not in conjunction with other offers. For full T&Cs, see Harmonyliving.com.au/startnew