- Southern River’s $435,000 median house price for the June 2006 Quarter was higher than the $425,000 Perth median (Source: Department of Land Information).
- Growth experienced in the corresponding period was a high 29.9%.
- With construction costs having escalated up to 23% over the past 2 years, Park Lane Cottage Homes offers you the opportunity to lock in at today's price and remain fixed throughout the construction period. A contract signed within the stipulated timeframe will avoid the ongoing rise in building costs.
- A saving of up to $8,000 on stamp duty is another incentive to purchase your new home at Park Lane. Stamp duty is payable on the land component and not the building contract. Owner-occupiers may be eligible for further stamp duty discounts.
In purchasing a brand new home you are ensured minimum maintenance costs and hassles for years to come. Not only is it attractive for you to turn the key and move into a home with nothing left to do but get on with the living of life, it is also attractive to the rental market should you be considering a Park Lane Cottage Home for your investment portfolio.
Maximum tax advantages from depreciation allowances on the building and fittings further boost the investment potential of Park Lane Cottage Homes.
First home buyers may be eligible for a $7,000 First Home Owners Grant. Comprehensive information for first home owners, including application forms for grants and rebates may be obtained from the Office of State Revenue section within the department of Treasury and Finance web site: www.dtf.wa.gov.au.
Stamp duty concessions also apply for First Home Owners. For further clarification and advice on the financial aspects of the information contained in this brochure, we recommend that you consult your accountant or financial advisor.
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