Wide range of options available for Horsham first home buyers: HTW

The Horsham market is favourable for first home buyers with relatively affordable options ranging from $100,000 to $500,000, according to HTW’s Month in Review: March 2017. 

The valuation firm says this gives first home buyers the opportunity to enter the residential market at a price point affordable to them.

The report says that developers within the region are also providing house and land deals for first home buyers which reduces the stamp duty that they pay and they receive a $10,000 grant towards their first home.

“A portion of first home buyers within the Horsham region purchase with the intention of renovating the property,” the firms says.

“However some purchases do not take into consideration the extra money and resources required for works to be completed and therefore can’t have the full enjoyment of the property.

“First home buyers are also competing with investors within this sector especially as interest rates are low, increasing the average house price in Horsham and making it harder for some to enter the market.”

A three bedroom house at 3 Davidson Court, Horsham (above) has been listed for $459,000.

Similarly a three bedroom house at 3 Noske Place, Horsham (below) has been listed for $140,000.