24 Feb 2012
If you’re looking to move away from the hustle and bustle of the city and want to settle down in regional NSW then you could be taking advantage of the state government’ s $7,000 regional relocation grant.
The grants were introduced last year for those wanting to relocate from the city to established homes in regional areas of NSW, and they now also apply to those who want to build a new home, in an effort to help boost the NSW construction industry and regional economies.
To be eligible for the grants, those who live in metropolitan areas would need to sell their city home and buy a parcel of vacant land valued up to $450,000, or a completed or off-the-plan home valued up to $600,000.
For those who buy vacant land, the foundations must be laid within six months of completion of the land purchase and the home must be occupied as a principal place of residence within 12 months.
The grant applies retrospectively from July 1. The city residence can be sold within 12 months before or after the purchase of the regional home to be applicable for the grant.
The regional relocation grants have been designed to help ease the growth in Sydney’s metropolitan areas and to help kick-start some of NSW’s wonderful regional towns. Casula and its surrounds provides a great place to live in, but if you are looking for a sea-change or a tree-change then a move to a thriving regional town is definitely worth considering.
For any more information about NSW’s regional areas and the properties on offer, I am happy to help recommend one of our network of Professionals Real Estate offices that are located all throughout regional NSW, so please feel free to get in touch with me at Professionals Paradise Realty on 9731-6204.