Question 1

What is the HomeBuilder Grant?

Accepted Answer

The HomeBuilder Grant is another initiative championed by the Australian Government to help repair our country’s economy by putting dollars in residents pockets and boosting the construction industry.

This new tax-free grant is available to people looking to build a new home or significantly renovate their current home.

If you want to take advantage of the HomeBuilder Grant, then you must enter a building contract to:

build a new principal place of residence where the total value of the home (house and land) does not exceed $750,000 (from January 1st 2021 $850, 000 VIC or $950, 000 NSW); or
substantially renovate an existing as your principal place of residence where the renovation contract is between $150,000 and $750,000, and the total value of the home (house and land) doesn’t exceed $1.5 million. 
Importantly, construction of the home must commence within six months of the contract date.

Question 2

When is it available and how long will it last?

Accepted Answer

The new HomeBuilder Grant is available to all eligible applicants who sign their contract between 4 June 2020 and 31 March 2021, and begin construction within 6 months of signing the contract.

Question 3

What are all the grants & incentives available right now?

Accepted Answer

Depending on eligibility, there are a number of possible grants and incentives available to people looking to build a new home. Contact Us to find out more.

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