first_imgAugustus property consultant Ric King with his wife Simone.“Augustus has seen a clear upsurge in first-home buyers and retirees lapping up the savings from the two government grants,” Mr King said.“The pending expiry of both grants spurred sales and allowed more first-home buyers to enter the market with a potential saving of up to $32,000.”The 763 lot project in the heart of Hervey Bay, offers a range of family-friendly features including community parklands and an enclosed dog park.Augustus is less than 1km from local shopping and medical facilities with easy access to neighbouring beachside suburbs at Hervey Bay.With new homes selling from $337,000, the estate has three and four-bedroom homes at Augustus come complete, landscaped and ready to move into, and all just 4km from the Hervey Bay Esplanade and 13km from the airport. Augustus estate in Hervey Bay is past the halfway mark in sales.FIRST-home buyers and retirees have pushed a large development in Hervey Bay past the halfway mark with more than 400 sales since its launch.Developer Villa World’s, Augustus masterplanned residential development, has experienced strong sales in recent months reporting its been pushed by a strong cohort of first-home buyers and retirees.Villa World development manager Gary Hunter said the project had attracted consistent buyer interest over many years, but the combination of the now expired $12,000 Hervey Bay Housing Affordability Grant, and the State Government’s boosted first homeowner’s grant of $20,000 had generated an influx of buyers for the project.“In recent months, we’ve seen record sales figures at Augustus from first-home buyers and retirees alike,” Mr Hunter said.“Villa World has a great reputation in providing an affordable, quality product to market. The grant was just the icing on the cake.”The latest sales have led first-home buyers to account for 70 per cent of sales at Augustus, with 20 per cent to retirees and only 10 per cent to investors. More from newsMould, age, not enough to stop 17 bidders fighting for this home6 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor6 hours agoSales have almost doubled in recent months with 33 contracts secured in the March quarter of 2017. Augustus property consultant Ric King said sales momentum and figures had reflected the success of the grants.last_img

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