- IT’S been a promising week for struggling first homebuyers.
Last week, West Australian Premier Colin Barnett promised a $15,000 stamp duty discount for seniors who want to downsize — the nation’s most substantial concession of its type — in a move touted as a “masterstroke” for housing affordability.
Now, property developer Mirvac has announced an initiative to help tackle Sydney’s affordability crisis.
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Mirvac’s major Pavilions apartment development in Sydney will give first homebuyers dibs on affordable apartments.