At Zammit Real Estate, we focus on more than just closing deals—we build lasting relationships. Fuelled by a genuine passion for real estate and extensive experience, we are dedicated to guiding you every step of the way toward achieving your property goals.
A deposit of 20% is ideal as you won’t have to pay lender’s mortgage insurance.
Set up a savings account or term deposit or use the First Home Super Saver Scheme for up to $30,000 of savings.
Work out a budget so you’re setting aside money every week. You can also figure out how long it will take you to reach your savings goal of a deposit.
If you’re struggling with affordability, consider the Victorian Homebuyer Fund.
There are a number of extra, often seemingly hidden costs buyers need to be aware of:
The State Revenue Office has a complete list of all concessions and discounts for First Home Buyers in Victoria, including:
If you’re in the defence forces you may be eligible for the Defence Home Ownership Assistance Scheme (DHOAS).
There are several State and Federal Government schemes available. Check your eligibility click on the tabs below to explore your options.
On 21 October 2024, the Victorian Government announced a new temporary off-the-plan land transfer (stamp) duty concession. Learn more here.
Downsizing refers to the process of moving from a larger home to a smaller one. This often involves selling a family home and moving to a smaller property, such as a smaller house, an apartment, or a retirement village.
Australians who choose to downsize can contribute up to $300,000 from the sale of their home into their superannuation. This contribution is exempt from the usual superannuation caps and restrictions.
Clink link to find out more:
Downsizer Superannuation Contributions Information
Yes, downsizer contributions are tax-free. This means you won't pay any tax on the amount you contribute to your super.
No, downsizer contributions are exempt from the normal contribution caps. This allows you to significantly boost your retirement savings without impacting your regular contributions.
On 21 October 2024, the Victorian Government announced a new temporary off-the-plan land transfer (stamp) duty concession. Learn more here.
Investing in property only takes three things: Education, Strategy, Opportunity. To start your education journey click here – otherwise chat with Oli if you’re unsure where to start!
Buying an investment property is a popular choice of investment for many Australians. Compared to other forms of investment like shares, bonds and ETFs - investing in property is easy to understand. Plus, home loan rates are at record lows, and you can use your home's equity to fund your property investment.
We provide a diverse range of investment opportunities, including:
Whether you can afford an investment property depends on how much deposit you need to buy an investment property. This depends on the state you are looking, the type of property and what type of buyer you are. Book a free discovery call to know your eligibility!
On 21 October 2024, the Victorian Government announced a new temporary off-the-plan land transfer (stamp) duty concession. Learn more here.
Still have questions? Contact us today
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