Be quick to take advantage of this extremely cheap block of land. Not only has the vendor reduced the price by $15,000 to get it sold the government rebates to build at the moment are a terrific incentive.

Currently those who purchase land and enter into a building contract within 26 weeks (foundations must laid) are entitled to the ‘Home Builders Bonus’.

This bonus means you will not pay any stamp duty on the block or house saving you thousands. For example, if you were to purchase an existing house for say $300,000, government stamp duty would be approximately $8990 on top.

Typical 3-4 bedroom new brick homes sell for approximately $300,000 plus in this area (most recent sale was next door to the block. Sold for $338,000 on 13/11/10).

Reputable building companies in the area are offering house packages from $155,000 so to walk into a brand new home for as little as $239,000 ($232,000 for first home buyers after the FHOG) to me is extremely good value for money. No need to worry about fences either, the back is timber and in good condition and both sides have colourbond fences.

Set in a quiet street close to schools and parks this 859m2 block has to be the best value block in town. For more info please contact Justin Atkins on 0417 955 176.