From 1 July 2012, a new $5 000 grant will be provided to buyers of new homes, whether off the plan or newly built, with a value up to $650 000 and to buyers of vacant land that is intended to be the site of a new home valued up to $450 000

The grant is targeted at all non-first home buyers and is available to investors as well as owner occupiers. The grant will be administered through the transfer duty payment process.

7942 sq/m Vacant Land
Rates are currently $479.28 per quarter.

Visit this website to find out more!

http://www.osr.nsw.gov.au/legislation/budget/2012/