Amidst the roller coaster ride of 2020, we reached a silver lining. The Australian government announced HomeBuilder: a $700M housing package for Australians to access $25k grants for building a new home or substantially renovate an existing home.
This is available to eligible owner-occupiers including first home buyers and is a time-limited, tax-free grant program to help the residential construction market to get through the Coronavirus pandemic by encouraging the building of a new home and renovations this year.
HomeBuilder is available for building contracts signed between 4 June 2020 and 31 December 2020, where construction or renovation commences within three months of the contract date.
Owner-occupiers must meet the following eligibility criteria:
If you want to know if you meet the eligibility requirements or just want to know more about the HomeBuilder grant, book a Zoom meeting for us to discuss!
Rachael Bland – Founder & CEO