Escape to the country with $1450 allotments

17th September 2020

Building Karoonda Rebate

Looking for more information? Click Here

MEDIA RELEASE:

Homebuyers looking to build their dream home can make an affordable tree change and secure their own slice of country life for less than $2,000 per allotment in SA’s picturesque Mallee region.

Karoonda is best known for its big ram, friendly hospitality and colourful silo art. Now it’s set to make headlines for one of the most affordable residential land release in SA thanks to the new Building Karoonda initiative.

The District Council of Karoonda East Murray is offering a 90% cash rebate on 17 blocks of residential land it owns - meaning eligible landowners could end up paying just $1,450-1,650 for their allotment.

The only catch is that to receive the rebate, buyers must begin building their new home before 31 March 2021.

It means that first home buyers who build their dream home in Karoonda could save as much as $54,850 on their new home with the Building Karoonda land subsidy, the Federal Government’s HomeBuilder incentive of $25,000 for home builders, and the First Home Buyers Grant of up to $15,000.

Karoonda East Murray Mayor Caroline Phillips said the initiative offered a genuine opportunity for homebuyers looking to build a life in the country.

“Building a dream home in the country might appear out of reach for people, especially in the current economic climate, but we’re putting out the welcome mat to give them that opportunity to start their new life here in Karoonda.

“We’re a relaxed, welcoming community and we have a lot to offer people who are ready to join us.

“We would love to see young couples or families take up the offer and set themselves up in our community. With our new childcare centre, increasing investment in our district and the vibrancy that has flowed from initiatives such as our silo art, Karoonda is an attractive place to call home.

“We’d also welcome skilled workers – especially tradies – who could establish businesses or take up employment opportunities locally to service our area. It’s been some time since we had a local plumber, for example, and it would be brilliant to have more people with these skills in our area.”

The Council has 12 blocks available in its Ponderosa Estate, which had previously been on the market for $20,000-22,0000. A further five blocks are available on Mickan Court and Coads Road.

Interested buyers must apply by contacting the Council directly on 08 8578 1004 or by visiting the Council website at www.dckem.sa.gov.au.

-ENDS -

Media contacts:

District Council of Karoonda East Murray Executive Support Officer – Emily Arbon

P: (08) 8578 1004 | E: council@dckem.sa.gov.au