According to The Australian Financial Review, the NSW budget housing policies will give a shot in the arm to outer-suburban houses and inner-city apartments as the stimulus spreads across different housing types, CoreLogic director of research Tim Lawless said.
The twin stimuli for first home buyers of a shared equity scheme and the opportunity to pay an annual land tax instead of an upfront stamp duty would play out most strongly in lifestyle areas such as the Central Coast and affordable areas where prices were lower, Mr Lawless said. https://www.afr.com/property/residential/sydney-units-central-coast-and-outer-suburban-homes-get-budget-boost-20220621-p5avf8
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