JUNE MARKET UPDATE

Our office will be relocating early July due to the extensive team growth we have experienced. We are pleased to announce that 9 Avon Road, North Ryde will be our new home. Stayed tuned for more information via our Facebook or Instagram Page!

This past month we continued to experience an abundance of buyers at our open home. The grand opening of “Serentiy Gardens” North Ryde’s most prestigious villa complex situated at 43-45 Jopling Street created enormous interest, with now only three villas remaining! For further information, contact Grant Fletcher, Ben Boutros, or Janet Fletcher as listed on page 8..

As you may be aware, the NEW Federal Budget has been passed by Federal Treasurer Scott Morrison, with a range of changes for first home buyers, property investors and older Australians looking to downsize. Overall, the measures are designed to free up more development land and get first home buyers into the market sooner. From 1 July, first home buyers are able to salary sacrifice extra contributions into their superannuation account up to a maximum of $30,000 in total and $15,000 in a single year.

Also from 1 July 2018 onwards, the ‘First Home Super Savers Scheme’ will allow first home buyers to withdraw that cash, along with any associated earnings. Under this plan, it’s proposed first home savers fast-track their savings by at least 30 per cent. If you’d like to discuss this matter into further details about how you might be affected by it, please contact our office today!