Help to buy your first home sooner
WANGARATTA residents struggling to save enough to buy a house are encouraged to register for a new scheme.
Victorian Premier, Daniel Andrews, has announced first home buyers can express their interest in a shared equity scheme that will see the State Government provide up to 25 per cent of the home’s initial price, HomesVic.
The pilot scheme will begin early next year with an initial allocation of $50 million over two years.
Applications officially open in February and eligibility will target applicants with incomes of up to $95,000 for couples and families or up to $75,000 per annum for singles.
For more information visit www.vic. gov.au/affordablehousing/buying-ahouse-in-victoria/homesvic.html.