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Government Grants

All the information you need to know about the 25k HomeBuilder grant and how we can help.

The highly anticipated Federal Government ‘HomeBuilder’ grant has been announced and it is a welcome relief for people looking to build a new home across the country.

The tax free grant is available to all home buyers, not just first home buyers and with interest rates at an all time low we can confidently say there has never been a better time to build!

Whilst the grant is not capped it is available for a limited time so to ensure you are able to get on your way quickly we are here to help you every step of the way.

See below for answers to some common questions…

Am I eligible?

  • Be an Australian citizen aged 18 years or older and be an individual, not a company or trust.
  • Be on an income of less than $200,000 for couples, and $125,000 for singles based on 2018/19 tax return or later.
  • Be building a new home worth less than $750,000 (this includes land value).
  • Be an owner-occupier
  • Enter into  a building contract between 4th July 2020 and 31st December 2020.
  • Construction must commence within three months of the contract date.

 

I am a first home buyer. Can I also get the first home buyer grant?

The answer is yes! If you are an eligible first home buyer you are able to access an additional $15,000 in State Government grants.

Detailed information regarding the First Home Owner Grant (FHOG), including eligibility criteria is available here: https://www.revenuesa.sa.gov.au/grants-and-concessions/first-home-owners

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Get started today by finding out just how much you can borrow.

Fill out the form below to make an appointment. Our Building Consultants and finance affiliates will work with you to ensure you know exactly what you can afford at the very start of the process!

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