Newspaper article The Northern Star (Lismore, Australia)

Buyers' Grant Makes a Great Difference

Newspaper article The Northern Star (Lismore, Australia)

Buyers' Grant Makes a Great Difference

Article excerpt

Byline: Michelle Hele

SAM Standfast, 25, and her partner Michael Leach, 27, are keen to buy their first property.

They had something in their sights but missed out and are continuing to search.

Ms Standfast said they were looking to buy something new, most likely a unit around the South Brisbane or West End area.

If the first home buyers grant was available for existing properties, it would expand what they would be able to consider buying.

"New property is a lot more expensive; you want to buy the best that you can with what you have got,'' she said.

Despite that, the couple are still keen to buy and hope to secure something soon.

"We haven't really been looking very long at all, probably a couple of months,'' Ms Standfast said.

"When you look at the rental prices compared to the mortgage prices, it made more sense that we might as well buy.''

While they will likely end up with a new apartment, Ms Standfast said they hoped to buy in a project which would be finished early next year. …

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