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Buyers rush to cash in on Victoria’s $20K first-home owner grants

First-home buyers are rushing to snap up house and land packages in regional Victoria before the state government’s $20,000 First Home Owners Grant (FHOG) is halved to just $10,000. Home building companies say land is selling in a matter of hours and they are experiencing a stampede of desperate buyers similar to when the federal government’s HomeBuilder scheme ended in March. Read More

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