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First Home Buyer in Brisbane City Council? Would you like to save some $$$?

Brisbane City Council has announced in the 2019-20 Budget that they will provide a 50% rate reduction off rates for First Home Buyers buying in Brisbane.

What are the rules to get your hands on this money?

  • The rate reduction scheme will provide a 50% rates discount (capped to a maximum of $1,000.00) for the first 12 months of home ownership
  • It will be available on homes with a value of less than $750,000.00
  • The scheme will take effect from 1 October 2019 and will be available to First Home Buyers who are Australian Citizens or Permanent Residents aged 18 years or over; and
  • The homeowner must live in the property for at least 12 months.
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