Supporting Home Buyers in Riverstone
NSW Home Buyers Assistance Tool
More people are moving into Riverstone than almost any other electorate, which is why we've made it easier for prospective home buyers to find out if they're eligible for any financial support while looking.
There are three key programs in place to help home buyers.
By answering fourteen questions, the NSW Home Buyers Assistance Tool can provide an indication of your eligibility and instructions on how to apply.
If you need any assistance in using the tool, my office and I are here to help.
First Home Buyers Assistance Scheme
Many first home buyers will be exempt from transfer duty pay or pay a reduced rate when they purchase an existing home, new home, or vacant land to build on.
First Home Owner (New Home) Grant
First home buyers who build a new home or purchase a brand new or substantially renovated property can receive a $10,000 grant.
Shared Equity Home Buyer Helper
Assists eligible single parents, older singles and first home buyer key workers who would not be approved for a mortgage.