The Great Australian Dream is alive and well, if visitor numbers to the HomeWorld Display Village are any indication, according to Frank Death, CEO for the village.

“With the dramatic drop in interest rates by the Reserve Bank and the boost of the First Home Buyers Grant to $24,000 home buyers are definitely coming back into the market. This is likely to be followed by investors anxious to take advantage of the shortage of rental accommodation and lower interest rates,” Frank Death said.

“First home buyers, encouraged by the boosted grant and low interest rates, are leading the return to the market realising it is a wonderful opportunity to secure a foot on the real estate ladder and at the same time ensure their long time financial future.

“The lower interest rates are also attracting second and third home buyers including families wanting to knock down the old family home for a brand new one. Many families are buying old homes in suburbs where they want to live knowing that replacing it with a stylish, modern design will be ideal and give them a great investment,” Death added.

“People are realising the conditions for buying a new home have never been better and when the economic recovery comes it may be too late And they will have missed the boat”.

For more information on the range of designs available from Homeworld builders visit the informative website www.homeworld.com.au