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Victorian government to co-purchase property with first home buyers

The Victorian government has announced it would co-purchase up to 400 properties, taking a 25% share of each property. The initiative is only for single first home buyers who earn less than $75,000 and couples earning less than $95,000.

The applicants must also buy in selected Melbourne suburbs and 130 regional towns.

Read the full article here.

This article was originally posted by Domain.com.au. All rights reserved.