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Incentives spur buying boom in Sydney project

Miranda Ward

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Government incentives, including stamp duty concessions, coupled with a COVID-19-born willingness to spend more on a home have seen first-home buyers flock to Fridcorp's Beyond development in Hurstville in Sydney's south.

The Melbourne-based developer said $78 million in sales had been achieved within the first four weeks after the second-stage release of the development, with 35 per cent of the apartments sold to first home buyers.

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    Original URL: https://www.afr.com/property/residential/incentives-spur-buying-boom-in-sydney-project-20201013-p564p5