Up to $32,000 on offer for first homebuyers in Victoria

First homebuyers in Victoria can now access the most generous grants in Australia to build a new home at a Peet estate.

The Federal Government announced yesterday that the First Home Owners Boost (FHOB) would be on offer for another six months – though halving after 30 September 2009.

For eligible first homebuyers entering into contracts between 1 July and 30 September 2009 (inclusive) the FHOB will continue to provide $14,000 toward the purchase of new homes.

This is in addition to the $18,000 in other grants, including the First Home Owners Grant, already available to eligible first home owners, and the State's First Home Bonus.

That means from 1 July until 30 September 2009, eligible first home owners signing a contract to build a home for less than $600,000 in metropolitan Victoria can receive up to $32,000 to help get themselves established!

Between 1 October 2009 and 31 December 2009, the FHOB for the purchase of new homes will halve to $7,000, so the total grants available to eligible first home owners who sign contracts during that period will be $25,000.

Peet Limited Managing Director and CEO Brendan Gore has welcomed the extension of the FHOB on behalf first homebuyers.

Mr Gore said the steps involved in selecting a homesite and home design before signing a building contract meant time had been quickly running out for many eligible buyers before the extension was announced.

"Peet is pleased to offer a range of quality, affordable homesites to meet the needs of first homebuyers," he said.

"The next few months give first homebuyers the ideal opportunity to secure a new home at a time when there's a good choice of homesites available at very competitive prices and interest rates are low."

While the extra State Government bonus is available from 1 July 2009, homebuyers are encouraged to act today to ensure they have time to select a lot and home design.

Before making a grant application, first homebuyers will need to:

• find a homesite
• choose their preferred builder
• select a home design
• sign the building contract

	First Home Owners Boost (FHOB)	First Home Owners Grant (FHOG)	First Home Bonus (FHB)	TOTAL
1 July - 30 Sep 2009	$14,000	$7,000	$11,000	$32,000
1 Oct -  31 Dec 2009	$7,000	$7,000	$11,000	$25,000
01 Jan - 30 Jun 2010	-	$7,000	$11,000	$18,000

For more information about the homesites currently available at Peet estates in Victoria, visit www.peet.com.au

For information about the First Home Owners Boost, visit www.firsthome.gov.au

 

Deer Park Bypass brings city even closer to Brimbank

Brimbank Gardens' residents can save another 15 minutes off travel time to the city thanks to the opening of the new Deer Park Bypass.

The $331 million Deer Park Bypass, which opened on 5 April 2009, provides residents with direct access to the Melbourne CBD via Robinsons Road to the Bypass.

The Bypass allows traffic from the Ring Road to travel at freeway speeds, avoiding 20 intersections and many traffic signals compared with the old Western Highway route. In peak hour, that reduces travel time by around a quarter of an hour.

Peet Limited Managing Director and CEO Brendan Gore welcomed the opening of the road on behalf of residents.

"Brimbank Gardens is a popular estate due to its high-quality facilities and convenient location but improvements to transport and infrastructure, like this, are helping to enhance the development of this well-serviced community," Mr Gore said.

Brimbank Gardens is located close to public transport, with bus services running through the estate and the Deer Park Train Station ideally located nearby.

The excellent transport links are just one of the reasons that first homebuyer Damien Calleja and his partner Karoline Fagan chose to build their new home at Brimbank Gardens.

"The Deer Park Bypass will be a huge benefit to us," Mr Calleja said. "We both work in the city, and a reasonable commute to work was a priority."

"It's hard to find land close to the CBD and Brimbank Gardens is one of the closest new developments to Melbourne."

Brimbank Gardens is just 17 kilometres from Melbourne, ideally positioned between the region's two major shopping complexes, Sunshine Marketplace and Brimbank Shopping Centre.

Mr Calleja and Ms Fagan were so determined to secure a property at the popular estate that he queued for two and a half days prior to the estate's February land release, alongside 32 other eager buyers.

"It was the right time for us to buy. The homesites at Brimbank Gardens are affordable, and the First Home Owners Boost provided us with the support we needed to build our own home," said Mr Calleja.

Mr Calleja and Ms Fagan have already chosen their home design, and hope to move in by March 2010.

Homebuyers seeking more information about available homesites at Brimbank Gardens, can phone (03) 9363 7071, or visit the Sales Office at 63 Windsor Boulevard, Derrimut from 12pm to 5pm Saturday to Wednesday.

 

Homebuyers camp out to secure lots at Brimbank Gardens

Romance blended with business for 32 new homebuyers who camped out to secure a new homesite in a Valentine's Day land release at Brimbank Gardens in Derrimut.

Some eager homebuyers camped out for two days to secure their dream lot in the first release at the popular estate this year.

Priced from $137,000 to $175,000 and sized from 425sqm to 696sqm, the homesites appealed to a broad range of buyers, including many accessing the $26,000 first homeowner grants. 

Sunshine residents, Yoti and Sapna, camped at Brimbank Gardens with their families so they could secure homesites with neighbouring addresses.

School teacher Andrew Barker drove from Dandenong to line up with his dad, Robert, to secure a homesite while his one year-old daughter and wife waited at home.

"We chose Brimbank Gardens because of its location to the city and local amenities," Andrew said.

The location of the estate, just 17 kilometres from Melbourne's CBD, encouraged dozens of others to line up to secure a new homesite in proximity to the city, bus services, schools, community groups and a future railway station.

Waiting families occupied their time by playing cricket and reading while they waited for the new Stage 31 homesites to be released.

Peet Limited Managing Director and CEO Brendan Gore said Brimbank Gardens was one of Peet's most popular estates and many friends and relatives referred each other to the estate so they could live alongside one another in the established, master-planned community.

"Brimbank Gardens appeals to many different buyers attracted by the quality community facilities and close-knit community feel of the area," Mr Gore said.

"The popularity of this release reflects high interest in land within the estate, particularly over the past few months, which has seen 150 homesites purchased since October 2008."

More homesites are expected to be released in the coming weeks to meet the high demand for land at Brimbank Gardens.

Homebuyers seeking more information about the remaining homesites or next land release, can phone (03) 9363 7071 or visit the Sales Office at 63 Windsor Boulevard, Derrimut from 12pm to 5pm Saturday to Wednesday.

 

Awards

Listed among the many accolades and awards that Peet has won for the quality of our estates and communities, are awards from the Urban Development Institute of Australia (UDIA), HIA-GreenSmart, Landcare, Waters & Rivers Commission and Greening Australia.

Awards such as these are testament to Peet's commitment to delivering responsible and sensitive community, social and environmental outcomes.

Visit the Peet website for more information on our awards.