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Property Case Studies

Case Study 7

Case Study Default@2x
Location
Medowie, NSW 2318
Overview
Purchase Price (September 2020):
$593,800
Land:
$275,000
Build:
$320,800
Features:
4 bedroom, 2 Bath, 1 Garage (House)
current stats
Current rents:
$625 p/w
Current Valuation:
$871,000
Equity:
$277,200

About This Property

Here is another recent case study of a Defence Force couple who were first home buyers. Obviously a big step and as such quite nervous. We helped to overcome those first home buyer nerves buy explaining everything to them and answering all their questions and concerns.
These clients were first home buyers so we could utilise the New South Wales First Home Owners Grant and Stamp Duty Exemptions which was a good savings of approximately $18,060 they did not require to have because the bank used the FHOG as funds to complete and there was nil stamp duty payable. Our clients didn’t require to fulfill the residency requirement of living in the property for 6 months due to the Defence Force residence exemption.

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