A first home buyer purchases a $740,000 Melbourne property that had previously been advertised as an ex-rental in the northern suburbs. According to reporting across multiple outlets, investors who initially showed interest in buying the home as an investment ultimately withdraw from the deal. The articles say the change in investor participation follows tax changes introduced in the federal budget, which affects investors’ calculations and incentives. As a result, the buyer who is eligible for first home buyer assistance secures the property. The coverage is consistent that the investors’ decision is linked to the budget’s tax measures and that the successful purchase proceeds in their absence. All three sources frame the transaction as an outcome of reduced investor competition after the policy changes, with the first home buyer completing the purchase of the Melbourne home priced at $740,000.