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ARTICLE · 16 SEPTEMBER 2020

What is the new HomeBuilder Grant and am I eligible?

Coulter Roache
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The HomeBuilder Grant aims to give the residential construction industry a boost to recover from the Covid-19 crisis.

AustraliaReal Estate and Construction
Sarah Gilcrist
Sarah Gilcrist
Jessica Eagles
Jessica Eagles
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What is the new HomeBuilder Grant?

The Federal Government has recently announced a new HomeBuilder Grant which aims to give the residential construction industry a boost as the industry recovers from the Covid-19 crisis. The HomeBuilder Grant provides $25,000.00 to eligible owner-occupiers to put towards the cost of building a new home or substantially renovating an existing home.

Am I eligible for the new HomeBuilder Grant?

The HomeBuilder Grant applies to all owner-occupiers provided certain criteria is met. To access the Grant, owner-occupiers must be a natural person (not a company or trust), aged eighteen (18) years or above, be an Australian Citizen and meet one of the two income caps.

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