There has been a lot of talk following the nationwide $25,000 Home Builder grant and eligible owner-occupiers (including first home buyers) are now being encouraged to apply.
Eligibility requirements
Applicants must be building a new home, substantially renovating an existing home or buying an off-the-plan home. Applicants must sign an eligible contract.
An eligible contract must be signed between 4 June 2020 and 31 December 2020 (inclusive). Construction must not commence before 4 June 2020 but construction may commence after 31 December 2020.
In all cases, while construction must not have commenced before 4 June 2020 it must be undertaken by a registered or licenced building service contractor who is named as a builder on the building licence or permit. As such, owner-builders are not eligible to receive the Home Builder grant.
