Front Cover: 8 Brodie Mews, Beaconsfield
Inside Cover: 3 Roy Ross Court, Pakenham
04
FINANCIAL ASSISTANCE FOR FIRST HOME BUYERS
25
LEASED IN DECEMBER Leasing Statistics For December 2024
26
VICTORIA PROPOSES NEW RENTAL LAWS
FINANCIAL ASSISTANCE FOR FIRST HOME BUYERS
As a First Home Buyer, you might be closer to affording a home than you thought.
Although property prices seem impossibly high, there’s more state and federal government assistance now than ever before.
The median Australian house price is $779,000, and $853,000 in Melbourne and with the average interest rate on a mortgage 7.2%, it’s vital you access every dollar available to you as a first home buyer.
There are several financial support options available so your dream of owning a home might just be closer than you thought.
First Home Guarantee
(formerly first home loan deposit scheme) – VIC 5% min deposit. Purchase price capped at $800,000 (Capital City/Regional Centre) and $650,000 (Rest of State)
First Home Super Saver Scheme – VIC
Salary sacrifice up to $15,000 per financial year up to a total of $50,000 across all years.
First Home Owners Grant – VIC
$10,000 when you buy or build a new home valued up to $750,000
Stamp Duty Concessions, Waivers and Other Initiatives – VIC
First Home Buyer Duty Exemption/Reduction
Dutiable value must not exceed $600,000 for exemption. Concession on homes between $600,000 and $750,000.
Off The Plan Concession First Home Buyers receive a duty concession. Dutiable value is the contract price minus the construction/refurbishment costs on or after the contract date.
Principal Place of Residence Duty Concession
The dutiable value must be more than $130,000 but not exceed $550,000.
Homebuyer Fund If you have a 5% deposit, the Victorian Government could contribute up to 25% of the purchase price in exchange for an equivalent share in the property.
With a little research, buying a property needn’t be an intimidating exercise. Reach out to our friendly Neilson Partners sales team for further information or to help get you started on your home buying journey.
1 3 Bonneville Parade
R OOM FOR THE ENTIRE F AMILY – YOU BET!
4 A / 2 B / 2 C
Located in the sought-after Cardinia Lakes Estate, this impressive ex-display four-bedroom home is ready for its lucky new owner. Step inside and discover a spacious, versatile floor plan designed to suit the whole family with three living spaces plus generous study that could easily be converted to an extra living space or fi fth bedroom. P AKENHAM
FOR SALE
$690,000 - $759,000
Jess Ostrom 0427071270
Matt Clark 0417 411 883
P AKENHAM UPPER
2 20 Harvie Road
A N ENVIABLE LIFESTYLE
P ROPERTY
4 A / 3 B / 6 C
Nestled on approximately 15 acres of serene beauty, this stunning, modernised home offers the perfect blend of contemporary living and tranquility. Boasting four bedrooms, study, open plan living, vaulted ceilings and large picture windows. With a 60x20 sand arena, a 18m x 9m shed with dual stables and a lockable tack room, thriving vegetable gardens, orc hard, water tanks, solar array, Tesla batteries and dam - this property offers selfsufficiency and sustainability.
FOR SALE Contact Agent Matt Clark 0417411883
P AKENHAM
8 Eliza Heights
W HEN QUALITY COUNTS
3 A / 2 B / 2 C
Set amongst beautifully landscaped gardens in the heart of the Cardinia Lakes Estate, this beautiful home offers an ideal blend of comfort, quality and style. Character filled, offering three bedrooms, high ceilings and two inviting living zones, this home is designed for relaxation and entertaining. Step outside to a covered alfresco overlooking manicured lawns, gardens and stunning views over Eastbourne Reserve.
FOR SALE
$760,000 - $800,000
Matt Clark 0417411883
Jess Ostrom 0427071270
2 9 Llano Circuit T HE PERFECT INVESTMENT
2 A / 1 B / 1 C
Step inside this cozy twobedroom home and you'll feel its smart layout right away—a perfect mix of function and comfort. The kitchen's got all you need: stainless steel appliances, smooth stone countertops, and plenty of storage. It flows right into the spacious living area, where a high ceiling lets in tons of natural light, making it perfect for hanging out or entertaining. Currently occupied with a great renter it's an ideal investment.
P AKENHAM UPPER
9 1 Old Gembrook Road
R EADY-SET-BUILD!
F IVE FENCED ACRES WITH R URAL VIEWS
M ARYKNOLL
5 9 Koolbirra Road
C OME HOME TO T RANQUILITY & A HUGE SHED
3 A / 2 B / 4 C
Reflecting the relaxed ambience of its surroundings this magnificent vacant allotment captures its unique native locale and spectacular north-facing vistas. This extremely flexible and engaging piece of land offers one extremely lucky buyer the chance to establish their dream home. Featuring a 2ML dam, shedding, reticulated water supply, equine mesh fencing, improved pastures, and broad frontage. FOR SALE
FOR SALE
$960,000 - $1,050,000
Matt Clark 0417411883
This charming home radiates classic country appeal, set on two picturesque acres with decked verandahs, three bedrooms, two generous living areas, vaulted ceilings, hardwood timber floors and open fireplace. Outdoors, a 12m x 10m Hi-Line three-bay Colorbond shed is a standout feature, along with a well-maintained paddock and wide dual driveways/hardstand providing plenty of space for parking and maneuvering.
$985,000 - $1,080,000
Matt Clark 0417411883
RANGING IN SIZE FROM 4m² - 34m²
Solutions for all your storage needs.
Competitive Rates
Short or long term leases available
Modern, clean units
24 hour video surveillance
Easy access
100 Enterprise Avenue, Berwick
BERWICK
MANSFIELD STREET $550PW
3 / 2 / 1
BERWICK
5/83-85 HIGH STREET $495PW
2 / 1 / 1
/
/ 2 / 2 0.48%14,683187
PAKENHAM
VICTORIA PROPOSES NEW RENTAL LAWS
In the past few months, the Victorian state government began consultation on expanding rental standards. The proposed changes were open for consultation until July 1, with a decision set to be made by October 2024.
In addition to the current 14 Minimum Standards, the proposed changes will obligate rental providers to meet minimum requirements for ceiling insulation, draught sealing and replace hot water and heating systems with energy-efficient electric appliances. Furthermore, there is a focus on minimum heating and cooling standards. The aim here is to further improve the quality of renter’s safety and comfort and lower energy bills.
The Victorian Governments proposal is to introduce these minimum rental standards from 30 October 2025.
There is a question as to whether the new minimum standards could prompt rental providers to withdraw properties from the market,
further limiting supply in the current housing crisis and impacting affordability.
Under the proposed changes, rental providers, will need to:
• Ensure their property meets a minimum requirement for ceiling insulation where there is no ceiling insulation already installed
• Have draught sealing, including weather seals on all external doors
• Replace hot water and heating systems with energy-efficient electric appliances when their current appliance reaches the end of life
• Introduce a 3-star cooling rating for systems in the main living area
• Introduce 4-star shower heads in all showers
• Ensure blind cord anchors are fitted
New standards will be phased in, with compliance commencing from 30 October 2025.
NARRE WARREN
BERWICK PAKENHAM