There's been a lot of speculation that Generation Y is doomed when it comes to buying their first home - mainly due to our over consumption of smashed avocado.
But the main reason, is the state's growing population and rise in living costs keeping many eager home buyers in the rental market longer than they'd hoped for.
The NSW Government’s package to improve housing affordability is focused on helping first home buyers, who often face stiff competition from investors. The biggest obstacle: Stamp duty.
By abolishing this duty on new and existing homes worth up to $650,000, first home buyers can save nearly $27,000.
First home buyers building a new property are entitled to a $10,000 grant on homes worth up to $750,000. Those that are purchasing a property worth up to $600,000 will be entitled to the same.
The team at SmartBuild Homes in Orange have a wide range of house and land packages to get you on the property leader board.
Take advantage of the state's first home owner packages with their friendly team and pave the way for the future of Gen Y... Without having to give up the smashed avocado.