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Hopeful home buyers offered $5000 ‘top-up’

AVID property group is offering a cash bonus to lure in buyers.
AVID property group is offering a cash bonus to lure in buyers. istock

AVID Property Group's Brentwood Forest has started a new campaign to lure in first home buyers with a $5000 cash bonus.

The $5000 provided as a pre-paid VISA gift card will help to offset what was lost to the first home owners grant when the new Queensland State Budget was handed down in June.

AVID Brentwood Forest Development Manager Peter MacLeod said the announcement that the First Home Owners Grant would be dropped from $20,000

to $15,000 had prompted a rush of eager buyers who didn't want to miss out.

"The demand in the market is still there and this offer allows home buyers who missed out on the increased home owners grant a second shot at grabbing a great opportunity," Mr MacLeod said.

"The community here in Brentwood Forest is well established, there is always children in the parks and families spending time together - the VISA gift card is an added bonus for families dreaming of home ownership."

AVID Property Group General Manager Queensland Bruce Harper said the "top up" would make a tangible difference.

"By providing a $5,000 bonus we hope to make things a little easier for buyers, offering young couples, downsizers, families and first home buyers a more positive experience when purchasing a property," said Mr Harper.

"Buyers can spend it how they want - mortgage repayments, new furnishings, a holiday, school costs - or simply add it to their budget to help with daily living expenses."

The bonus isn't just open to first home owners, any one buying in Brentwood Forst between now and October 12 will get one.

To date, more than 800 lots have been purchased in the 162ha community with the majority of buyers being young families.

Topics:  bonus money brentwood forest first home owners grant