FHOG Boost & Keystart Loans – 2017

On 27 December 2016, the Government announced a temporary $5,000 boost to the FHOG. The existing FHOG is $10,000, therefore for eligible first home buyers, that equates to a saving of $15,000 off your first home PLUS free stamp duty.  

Eligible first home buyers who enter into a contract between 1 January and 31 December 2017 to purchase a new home between those dates will receive the boost.

On 27 December 2016, Keystart Loans also updated their lending policy. The changes announced sees income limits increase up to $20,000, making it easier to for Western Australians to qualify for a Keystart Loan. 

Under the changes:

  • Singles can be earning up to $90,000 (previously $75,000)

  • Couples can be earning up to $155,000 (previously $95,000)

  • Families can be earning up to $135,000 (previously $155,000)

For further information, visit www.finance.wa.gov.au and www.keystart.com.au to find out more. 

Camberwell Corner – Ready to move in

Construction of our 5 villas in Camberwell Corner is complete.

The double brick & tile villas are 2 bedroom x 1 bathroom plus an undercover carport. 

One of our villas is currently available for rent. For all enquiries, please contact us at admin@challengedevelopments.com.au. 

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Walnut Grove site works have commenced!

Siteworks have started at Walnut Grove, and on top of the to-do-list is site clearing.

Once site clearing has finished, earthworks can begin. Earthworks include the provision of drainage, plumbing, power, sewerage, stormwater and roads.

The development of Walnut Grove is on schedule, thanks to our team at Dasco Building Group and Exal. 

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27 Camberwell Street – Project Completion

Our sold out development at 27 Camberwell Street is now complete! 

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Upcoming projects for Challenge Developments in early 2015 are The Colonnade @ 348 Railway Parade, Camberwell Corner and Walnut Grove. 

Please email us at admin@challengedevelopments.com.au for all enquiries.