{"id":25691,"date":"2020-06-10T13:03:27","date_gmt":"2020-06-10T01:03:27","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=25691"},"modified":"2020-06-10T13:03:27","modified_gmt":"2020-06-10T01:03:27","slug":"block-sales-surge-as-buyers-chase-45k-grants","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/block-sales-surge-as-buyers-chase-45k-grants\/","title":{"rendered":"Block sales surge as buyers chase $45K grants"},"content":{"rendered":"<p><strong>PHOTO: Homebuyers Kyarna Cloke and Ben McCarthy with Warralily estate manager Claire Almond at Armstrong Creek on Monday. Picture: Peter Ristevski <span class=\"image-source\"><em>Source: News Limited<\/em><\/span><\/strong><\/p>\n<p class=\"description\">New land sales have surged in the wake of the launch of the Federal Government\u2019s HomeBuilder package.<\/p>\n<div class=\"story-content\">\n<p>Geelong developers noticed an immediate spike in inquiry after Prime Minister Scott Morrison announced the $25,000 grant for home builders and renovators last week.<\/p>\n<p>That translated into the biggest weekend for sales that some developers haven\u2019t seen since 2017.<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/propertynoise.co.nz\/au\/does-my-house-qualify-for-homebuilder\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb  entry-content-featured-img entry-grid-featured-img wp-post-image\" src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Both-new-and-existing-homes-are-eligible.jpg?resize=460%2C270&amp;ssl=1\" alt=\"HomeBuilder\" width=\"460\" height=\"270\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/propertynoise.co.nz\/au\/does-my-house-qualify-for-homebuilder\/\" rel=\"bookmark\">Does my house qualify for HomeBuilder?<\/a><\/h2>\n<\/header>\n<\/div>\n<p>Nearly two-thirds were first-home buyers, which stand to get $45,000 with a Victorian grant for building in a regional area.<\/p>\n<p>It also highlighted the turnaround in confidence since the COVID-19 pandemic hit as buyers headed to sales offices over the weekend, continuing on Monday\u2019s public holiday.<\/p>\n<p>Eight weeks ago Villawood Properties sold just five blocks nationally in a week.<\/p>\n<p>It booked 58 nationally to Sunday, including 17 blocks at Geelong estates, underlining buyers\u2019 growing confidence, executive director Rory Costelloe said.<\/p>\n<p>\u201cWe\u2019ve gone from single digit weekly sales in March to low-20s in April and May to mid-30s and now this,\u201d Mr Costelloe said.<\/p>\n<p>\u201cThere\u2019s been a massive boost in enquiry of more than 30 per cent, with sales following.\u201d<\/p>\n<p>Slow land sales over 2019 has allowed civil construction to catch up, boosting the amount of titled land available.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/melbourne-vic\/homebuilder-scheme-geelong-block-sales-surge-as-first-home-buyers-chase-45k-in-grants\/news-story\/77c6e51b50528f50ef5c7d3175fe131c\">NEWS.COM.AU<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"Unlivable Sydney house hits the market for $3.6MILLION\" href=\"https:\/\/propertynoise.co.nz\/au\/unlivable-sydney-house-hits-the-market-for-3-6million\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/06\/Sydney-Terrace-House.jpg?fit=962%2C643&amp;ssl=1&amp;resize=40%2C40\" alt=\"Unlivable Sydney house hits the market for $3.6MILLION\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; 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McCarthy with Warralily estate<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/block-sales-surge-as-buyers-chase-45k-grants\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":25692,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478109952,478108952,478109554,478105441,478109951,478098542,478098519,478109948,478109950,478098535,478104813,478098513,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509,478108914],"class_list":["entry","author-data123nz","post-25691","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-civil-construction","tag-covid-19","tag-covid-19-pandemic","tag-federal-government","tag-geelong-developers","tag-home-loans","tag-home-ownership","tag-homebuilder","tag-homebuilder-package","tag-house-prices","tag-prime-minister-scott-morrison","tag-property","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news","tag-villawood-properties"],"yoast_head":"<!-- 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