With news that the First Home Owners’ Boost has been extended in full until the end of September first-time buyers are snapping up land at Landcom’s Koala Bay.
Set in the heart of Port Stephens, Koala Bay is proving to be so popular that Landcom has been prompted to release the latest land lots sooner than expected.
Landcom’s Senior Development Manager at Koala Bay, Steve Aebi, said that interest is growing as first-time buyers become aware that they have an additional three months to finalise contracts on their land and building works in order to receive up to $34,000 in bonuses at Koala Bay.
“Buyers appear to be seeking out land as soon as it comes onto the market. Young families and couples are telling us that they’re jumping at the opportunity to start building their first home here while they can benefit from the grants and bonuses.
“This estate is also proving to be popular with older families and retirees as it’s a spacious location close to the waterways yet still just a stones’ throw from local amenities like the retail centre at Tanilba Bay, local school and sporting facilities.
“Residents will also be able to enjoy a wide range of community facilities within the estate, including a brand new children’s playground plus walkways and a boardwalk that links through to waters of Tanilba Bay. “
The land lots range in size from 612 meters squared to 931 meters squared, with prices ranging from just $125,000 to $154,000. First home buyers can benefit from $24,000 First Home Buyers Grant and Boost together with the $5,000 Koala Bay First Home Bonus while all purchasers may be eligible for the $5,000 landscape and house design rebate.
For more information about new land lots at Koala Bay, call or visit the sales centre on (02) 4934 5122 and located on the corner of Britannia Dr & Pershing Rd, Tanilba Bay. The sales centre is open 7 days from 10am – 5pm.
For additional information please contact Pritie Billimoria, Media and Government Relations Manager at Landcom on 9841 8788 or mobile: 0439 439 107.
GO BACK