NSW Shared Equity Scheme
The NSW Government has introduced legisla on for its Shared Equity Scheme for first home buyers who are “key workers”, single parents and the over 50s. In the government’s press release they said that teachers, nurses, police officers, single parents and older singles are one step closer to owning their first home faster with legisla on for the NSW Government’s $780.4 million shared equity scheme now introduced to Parliament. The introduc on of the shared equity legisla on coincides with the First Home Buyer Choice legisla on which will give first home buyers the choice between paying a large upfront stamp duty and a smaller annual property fee, shaving two years off the me needed to save for a deposit.
Premier Dominic Perro et said under the shared equity scheme, the NSW Government would contribute an equity share up to 40 per cent for a new home or up to 30 per cent for an exis ng home purchased by eligible buyers. “Key workers, single parents and older singles will be able to have the security of home ownership with a lower upfront deposit, a smaller loan, lower repayments, no lenders mortgage insurance and no interest on the Government’s equity share in a property.”
Treasurer Ma Kean said many older Australians struggle to find stable housing, with 37 per cent of individuals over 65 who are not homeowners relying on social or community housing. “We know that housing security is an especially serious issue for older, vulnerable women,” Mr Kean said.
The key points under the scheme which is due to commence in early 2023 are:
Up to 3,000 spots will be available each year for two years;
Key worker first home buyers who are nurses, teachers or police officers – as well as singles over 50 years old and single parents with a child or children under 18 years old can apply;
Par cipants must have a maximum gross income of $90,000 for singles and $120,000 for couples;
Par cipants must have a minimum deposit of 2 per cent of the purchase price;
The Government will make a maximum equity contribu on of 40 per cent for a new home and 30 per cent for an established home, and
The maximum value of the property that can be purchased under the scheme is $950,000 in Sydney and regional centres including the Central Coast, Illawarra, Lake Macquarie, Newcastle and the North Coast of NSW, and $600,000 in other parts of NSW
All purchasing and selling costs (including stamp duty) are the responsibility of the par cipant (though assistance with stamp duty may be available through other programs)
Annual review: Each year following the property purchase, scheme par cipants will be required to complete an annual review and provide suppor ng informa on to ensure their con nued eligibility for the shared equity scheme.
Maintenance and improvement of property: Par cipants are required to maintain their property and keep things in good working order. The Government must approve certain modifica ons or renova ons so that the value of these changes can be factored into the eventual sale price of the property.
Responsibility for property costs: Property costs such as council rates, body corporate fees, water and home loan repayments are the responsibility of the par cipant.
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3 South Coast Property Specialists (Carlene Franzen) Tips #1119:
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SUNSHINE AND OCEAN VIEWS
Relax and enjoy the northerly sunshine on the well placed veranda with cap va ng ocean views. This solid brick 5 bedroom family home has it all with a versa le floorplan that would appeal to a range of buyers and only a short walk to some of the coasts best beaches. Lush established gardens invite you through to the formal entryway leading you through to the main living dining and revamped kitchen. Separate lounge area and formal dining. U shaped kitchen with expansive views, electric cooking leading to the family room featuring fire place and large windows.
Upstairs main bedroom with ensuite bathroom and built in wardrobes, further 2 bedrooms with built in wardrobes and spacious main bathroom with deep bathtub.
Downstairs comprises of 2 bedrooms with built in wardrobes, oversized laundry with separate bathroom, lounge area reaching out towards the back yard and a kitchene e perfect for the long term guests or teenage retreat.
Outside features covered entertaining and well maintained low maintenance gardens. Double garage at the front of the home and side
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beagle abode October 21st to October 27th 2022 brought to you by The Beagle—Eurobodalla’s news leader
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beagle abode October 21st to October 27th 2022 brought to you by The Beagle—Eurobodalla’s news leader
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LARGE INDUSTRIAL FACTORY
FOR SALE OR LEASE.
500sqm large industrial factory. Located in a great posi on in the heart of Batemans Bay. Superior freehold offering. Fantas c loca on benefi ng from proximity to CBA and industrial area. Includes a large roller door.
SALE PRICE - $1,200,000 EXCLUSIVE OF GST.
BEAUTY ON BEACH ROAD
The view from this property is nothing short of spectacular.This three bedroom unit delivers some of the most outstanding, mesmerizing, uninterrupted, panoramic, never to be built out water views in the region. Start every morning watching the sun rise and listen to the waves lapping the golden sands of Casey's Beach.
1/374 Beach Road would be perfect for anyone looking to downsize, use as a holiday home or would make a great investment property.
Professional property
Located less than one kilometre from the popular Surf Beach, 72 Eric Fenning Drive represents a truly unique opportunity to purchase a ready made hideaway.
This large coastal home offers relaxed living for the family or a great investment opportunity. Upstairs comprises a master bedroom and spacious loungeroom delivering high ceilings and built in bar. Located close to three beau ful South Coast beaches and the local Surf Beach shops with the convenience of an IGA
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Professional property advice with a genuine focus on personalised customer
Recently renovated seaside home boas ng three bedrooms and modern kitchen with a self contained unit on the ground level. Enjoy the splendour of 180 degree unsurpassed ocean views. You can sit on the cli op deck and watch the marine life frolic below.
The property is situated in an exclusive neighbourhood filled with luxurious homes. These unique proper es seldom come on the market for sale so do not miss out. This may be the best buy on the coast.
Contact Kim Blake to view by appointment.
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Beach Front Reserve at Your Door
Unique opportunity to dip yourself into a taste of beach living at its finest. You can walk out your front door to the ever-popular Mosquito Bay. Swim, launch your boat from the boat ramp, go for a snorkel, take a cliff walk to Garden Bay or Lilli Pilli Beach and follow up with a coffee from 366 Café.
North Facing this home captures the sun and the amazing views over the boat ramp, out to Black Rock and beyond to the horizon, and around the headland towards Lilli Pilli. Life is never dull in this posi on. It’s people and nature watching at its best. The sun and moon rises are stunning. This is a huge brick and le home, approximately 419sqm. Planned and built to accommodate the largest of families, their rela ves, friends, or Airbnb guests separately with the opportunity also to use the internal stairs.
Boats, big vans, and big cars are no problems in the oversized double garage with high remote-controlled roller doors and a storage room. For the guests, there is another garage just for them with off-street parking as well.
Now is the me to live your best life – 2 Iluka Avenue, Malua Bay, Phone 02 4471 2283 5/534 George Bass Drive Malua Bay NSW 2536
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A CUT ABOVE THE REST - "SOPHIA SANDS" An inspired architect crea on has resulted in this superb contemporary complex that makes a statement in innova ve design and crea ve style. Displaying an intelligent use of space, custom finishes, and high-quality inclusions. A commitment to quality is immediately apparent throughout these beau fully presented townhouses.
Discover Broulee’s newest premium address, these 6 x townhouses (3 Sold) are located in an ideal se ng and offering a low maintenance lifestyle. Each residence offers a large courtyard/pa o with an outdoor hot/cold shower and a though ully designed floor plan making the most of natural light and useable space. Entry downstairs is into the open plan kitchen/dining/family room.
Nothing has been forgo en with smart ligh ng, home alarm, intercom and Bluetooth your music to speakers to the living areas and all operated from your mobile phone. The townhouse beckons family me and interac on with addi onal spaces to allow for separate ac vi es and all so close to local schools and approx 500metres to the beau ful beaches of Broulee.
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STUNNING OCEAN VIEW & MODERN FAMILY HOME
This home has got the beach lifestyle, generous floor plan and one of the best views in Moruya South Heads, perched high on the hill and looking out over the Moruya River mouth to Broulee Island. This is a rare opportunity to purchase a five bedroom three bath home in Dell Parade, which is a quiet family friendly street, with a ght knit community and school bus connec on.
It’s ready for year-round enjoyment with a north facing aspect providing great winter sun streaming through the large front windows looking out to the ocean view, wood stove located in the open plan living, dining and well-equipped kitchen area, also a split system air condi oning, outdoor entertaining and BBQ area on the wrap around covered deck are just the beginning of the effortless living elements this residence boasts.
The large master bedroom has a walk-in-robe with ensuite. The three other good-sized bedrooms upstairs all have built-ins and further storage in the laundry ensures there is no shortage of storage space. The main bathroom with separate toilet services the other bedrooms.
Downstairs is the fi h bedroom or self-contained flat with bathroom and kitchene e providing rental opportunity, holiday let, grandparents retreat or separate home office with a view out to the ocean. There is high speed NBN FTTC internet, perfect for video streaming or working from home. Ample parking for four cars plus a boat with an enclosed pet friendly backyard. A garden shed provides storage for the garden tools you will need to maintain the beau ful established gardens that surround the house that are low maintenance and water wise. You will be drawn to the magnificent view on arrival and you won’t want to walk any further.
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YOUR OWN GRAND DESIGNS DREAM HOME
On a massive, very private, prized parcel of land of 1612m2 this riverside property eclipses the benchmark for innova on and extravagance. The unique and visually striking masterpiece perched above the Moruya River is a statement of expression, crea vity and liveability.
The home is elegant, stylish with loads of character and charm. This 370m2 residence is spread across four luxurious levels and is posi oned north facing on the block with every room with views of the River or the surrounding gardens.
Entry to the home is into a large foyer and you are instantly drawn to the view of the river when you walk down into the open-plan design kitchen, dining and family room with high ceilings and beau ful mber floors. This area opens seamlessly to an covered front deck which takes advantage of the loca on making it the perfect place to entertain or relax.
At the top of the block is an oversized double car garage (12m x 9m) with a self-contained flat with bathroom above it. This is a great place for visitors to stay or have your own hobby room or run your business from your home office.
This private, secure haven is set amongst an in mate and breathtaking landscape. Present at every turn is the visual connec on to the panoramic coastline. Wrapped by extensive entertainment areas and dis nguished by a luxurious contemporary design.
The versa le family home showcases sleek quality finishes, comfort and space and a sophis cated lifestyle.
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CONGO DREAM
This 4703sq m level block is located just 200m from the iconic Congo Beach.
This large block has an approved detached garage with final occupa on cer ficate.
A shower, toilet and enviro-cycle is installed with an opera onal 5,000lts water tank.
DA approved Dwelling - with a substan al start on the DA. The block is zoned E4 Environmental Living
A tennis court is already on the property, so come and live the dream - so close to the beach and the Moruya township. This will provide you with private and peaceful living away from the maddening crowd.
ESCAPE THE ORDINARY
Fear of missing out is an emo on that drives many buyers but a winning deal can be sealed with a strong offer. This two-storey 3 bedroom, 1 bath, 2 toilet classic beach home is located in secluded James Avenue, Congo and is being offered for sale for the first me in 25 years. Situated with a northerly aspect the residence abounds with dreamy light filled spaces and is very private from the street and set amongst a na ve bush garden.
A large front deck invites you into the open plan lounge, dining and kitchen area with access onto the private partly covered front area. Making it the perfect place to entertain or just relax in the glorious sun. In the dining area there is an office/study nook should you need to work from home.
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Loca on plus opportunity
Perfectly posi oned in a sought-a er area you will find this freshly built, pres ge home just minutes from the township of Moruya. The property has a well thought out floor plan that takes advantage of the northfacing sun with a glorious deck that will take in the summer breeze while you look out over farmland and the beau ful Moruya River.
The property can be subdivided with a DA approval for the subdivision already approved. With the house fully fenced, you have the choice of enjoying the extra space for the family, a large shed for the toys, or comple ng the subdivision and selling the block or building a second home.
Level entry, light and spacious, metres from Moruya Hospital with pathways that follow the river to the Moruya CBD and local coffee shops, this is perfect for someone looking to re re or a new family home.
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Lilli Pilli escape
Nestled amongst established homes in charming Allinga Close and posi oned with an elevated outlook, is this well designed home that will definitely impress.
The home has an amazing amount of natural light throughout, with a gorgeous open plan living, kitchen and dining area that is perfect for larger families. With clean lines and quality fixtures throughout, every detail has been though ully designed and considered
Polished mber floorboards flow through this beau ful space where you can sit around the kitchen bench and catch up with family and friends and look out through the large windows that allow the sun to drench the living space as well as allowing the inside to flow out with access to an undercover alfresco area.
The property boasts four-bedrooms, the master with walk-in robe and ensuite. The fourth bedroom downstairs could easily be used as a teenager’s retreat, office or work space with sliding glass door as access or somewhere for guests to stay.
The home comprises a double lock-up, remote garage with plenty of storage. The backyard is a low maintenance garden with a back deck perfect for kids and pets.
If you are looking for a coastal change, this is a beau ful area to go for walks along the beach or amongst nature.
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SINGLE LEVEL LIVING
Downsize or upsize without compromise, thanks to this comfortable and versa le four-bedroom, twobathroom, single level home promising effortless entertaining and a relaxed lifestyle within an easy stroll to Coila Lake and the green spaces of Kyla Park Recrea on Grounds. This low-maintenance home would also suit a growing family or as an investment for the long-term planners. Built in 2012 and si ng on 562.8sqm, the fenced grounds are large enough to offer flexibility without endless hours of maintenance but s ll provide plenty of scope to create as much (or as li le) garden as desired. Posi oned with a front facing easterly aspect, which converts to lengthy sunshine hours in the front and backyard, the sheltered deck is generously propor oned for year-round entertaining.
Original plans included a double garage with internal access which has since been converted to a single garage with addi onal space through a glass sliding door " ideal for an office or a games area with some lowcost changes.
Walking distance to a local school bus shelter with a choice of primary and secondary schools, government and private.
Our seller has made plans, so arrange a private viewing today.
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WHEN ORDINARY JUST WON'T DO—DUAL OCCUPANCY
'Blue Canoe' - Centrally located with everything Tuross within walking distance - a choice of stunning beaches an easy 350 m walk, the park with picnic areas and just a few minutes walk to the grocery store and cafes. Not all homes are created equal, and 14 Evans Road, Tuross Head needs to be seen to be truly appreciated. Impressive spaces, well-propor oned floor plan, high ceilings and open plan design are the fundamental elements of this well constructed dual occupancy home. Generous garaging with parking for up to three medium-sized vehicles or combina on of vehicle and watercra with a drive-through op on to access the backyard to store a small boat or trailer.
The huge garage has three phase power, internal entry, and auto doors with a manual roller door at the rear for backyard access. A workshop inside the garage is light and offers addi onal storage and shelving.
Terraced, the rear gardens are easy-care with mature plants offering privacy. A garden shed is located on the upper level of this 644.3 sqm block. The front yard has na ve plan ngs, brick retaining walls and the double driveway allows for addi onal parking.
Blue Canoe is currently a very successful Short-Term Holiday Rental property offering the upper level for family holidays or weekend getaways. Rooms on the entry level have been retained for owners' private use only. The vendor would be open to further discussion should any poten al purchaser be interested in the furniture.
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Land Yourself a Deal…
Create a coastal lifestyle & build a home of your own design on this generous parcel of land with an overall size of 1081.7m2
You will enjoy the serenity of the loca on with Clive Park nature reserve adjoining the rear boundary.
Located within minutes of gorgeous beaches, lakes & scenic walks, Tuross Head is one of the most beau ful towns on the coast.
No me limit to build, all services available. All enquiries welcome.
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Create Your Own Lifestyle......
Large 5000 sqm (1.23 acres) building block with a sunny aspect & views over grazing lands to sparkling Coila Lake. A wonderful opportunity to combine coastal living with a country ambience.
The land is cleared and elevated, yet reasonably level offering a blank canvas to build a bespoke home with space for a big shed, garden, maybe a few chooks and a vegetable plot if desired.
Power and NBN services available, C4 Environmental Living with no me limit to build. Dual occupancy permi ed with consent – STCA.
Tuross Head is renowned as one of the most scenic towns on the south coast with pris ne beaches & lakes. Fishing & boa ng are popular leisure ac vi es.
Its less than 5km to the Tuross village shops and medical clinic, the local country club, bowling greens and 9 hole golf course.
Inspec on invited & all enquiries are welcome.
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Surrounded by rolling lawns with well established trees & shrubs this lakefront reserve property offers sought a er privacy with fabulous lake & ocean views.
Located at the end of a private road with a land size of 4209m2 (1acre approx) the home nestles beau fully into its lush landscape whilst respec ng its environment.
The bespoke cedar dwelling comprises a spacious split level open plan kitchen, dining & living area, 4 bedrooms, 2 bathrooms, powder room & laundry.
With generous room sizes, most offer direct access to decking or paved outdoor areas & all have garden or water vistas. An oversized garage provides good storage & mul ple vehicle accommoda on.
Enjoying a tranquil & secluded scenic loca on Skipjack Reach is just 5 minutes drive from gorgeous beaches, village shopping & all ameni es in Tuross Head.
Inspec on is highly recommended to fully appreciate the loca on, views & ambience of this property. All enquiries are welcome.
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Why John Murray is the best Real Estate man we have dealt with
A friend introduced John to us. He sounded too good to be true but within a week he showed us what he could do. Work was needed on the house and he not only arrange it but had it completed during Xmas week. He assued us that the house would sell and put it on the market at what seemed to us an op misic price. Within a couple of weeks it was sold at that price and for cash.
With his back office team John's opera on ran like a Swiss watch. Nothing was too difficult; everything was done ASAP. We wish that every commercial transac on went so smoothly. John Murray's ability and grasp of the local market kept us free of anxiety and made a difficult decision almost pleasurable. He is a champ!
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Large Block with Generous Home in Moruya
"Meredith" - This Masterton home has been beau fully maintained and presents in extremely good condi on. Set in a quiet cul-de-sac, this home will appeal to those looking for space, single level and a well designed layout.
Features: Formal and casual living areas, air condi oning, four bedrooms or 3 bedrooms and a study, the main with an ensuite and walk in robe. Timber flooring and carpet throughout, There is a large entertainers’ kitchen along with good electrical appliances. The dining and living room offer views to the North East mountains.
Another great feature is the ease of access with large hallways and wide door frames making this home wheelchair friendly. There is also a generous sized double lock up garage with internal access.
For those who love entertaining friends and family, there is a lovely covered alfresco area which is a great spot for a BBQ. The property has a large, fenced yard and this loca on is ideal for families and working professionals being only walking distance to Moruya CBD, primary and secondary schools, clubs, pubs and sports fields.
Overall, this property has a fresh, modern vibe and will suit those looking for a newer property that does not require upda ng.
For a private viewing, please phone Sam Sheather on 0478 004 088
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beagle abode October 21st to October 27th 2022 brought to you by The Beagle—Eurobodalla’s news leader Vacant Commercial/Light Industrial Land - 3,832 m² - Zoned B5 Business Development Lot: 10 sec on: 18 Deposited Plan: 758710 & Lot: 11 Sec on: 18 Deposited Plan: 758710 Located in Moruya CBD next door to Harrison's Horse Pet Rural, is this large vacant Commercial/Light Industrial block of land. The site was raised and shaped with compacted road base approximately 10 years ago. Concept plants for nine rentable light industrial units have been drawn up but not submi ed to council yet.
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beagle abode : eurobodalla’s leading real estate guide
beagle abode October 21st to October 27th 2022 brought to you by The Beagle
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The beagle abode is an online weekly Eurobodalla real estate guide showcasing the current Eurobodalla market and our Eurobodalla based realtors.
The beagle abode is the new addi on to the South Coast Beagle that owns The Beagle and the South Coast Travel Guide: The Nature Coast of NSW : from Durras to The Tilbas The Beagle Abode has been established to provide that service while also providing our readers with a glossy overview of latest proper es on the market each week.
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