No Comments

First home buyers snap up land at North Shore in $45k grant grab

Stockland North Shore project director Andrew Astorquia.

A NEW and growing Townsville suburb is allowing first home buyers to get a purchase in the market.

Stockland’s North Shore housing community is experiencing a boom in buyers making the most of the State Government’s $15,000 First Home Owner Grant and the $25,000 HomeBuilder grant with the $5000 regional boost.

Justin Bonner, 25, is one of many buyers purchasing land to build in the family-orientated suburb.

North Shore boom

Justin Bonner made the most of the First Home Buyers Grant, plus the Home Builders Incentive and bought a block at North Shore. Picture: Alix Sweeney

The first homebuyer was drawn to North Shore for its access to shops, and the chance to stay close to family. “I have previously been living in North Shore with my sister who built with AP Williams,” Mr Bonner said.

He plans on using the same builder to construct his new home the street over from his sister.

LATEST REAL ESTATE NEWS >>>

Townsville property market at the start of recovery

Top eateries bitten by COVID-19 bug

Huge cash boost for wannabe home builders

“It’s a four bedroom place with a theatre, so technically a five bedroom,” he said.

“It was way too good to pass up (the grants). It’s just nice to have your own place.”

Stockland project director Andrew Astorquia said the grants put first home buyers in Townsville in a purchasing position like never before.

“Stockland’s North Shore is ideal for first home buyers looking to break into the property market, with an abundance of services and amenities available,” he said.

“Close to schools, shopping, dining, parks, bushland trails and transport networks, North Shore is a 13km drive to Townsville’s CBD, has easy access to the northern beaches and boasts nine kilometres of walking and cycling trails.

Land release at North Shore

Stockland North Shore project director Andrew Astorquia.

“We’ve found that most first home buyers are looking for a four-bed home with two bathrooms, a double garage and a spacious backyard.”

Treasurer and Infrastructure Minister Cameron Dick said the Regional Home Building Boost and first homeowner grants were part of a suite of construction programs designed to help stimulate the Queensland economy.

“As part of this $267 million construction package, the $100 million Works for Tradies program will further stimulate housing construction, supporting up to 240 jobs and delivering much-needed social housing on the Gold Coast, Sunshine Coast, Cairns, Townsville, Mackay, Rockhampton, Gladstone, Wide Bay, Moreton Bay, Toowoomba and Ipswich,” he said.

The post First home buyers snap up land at North Shore in $45k grant grab appeared first on realestate.com.au.