HomeBuilder Program – $25,000 cash grants for new homes and renovations

 

KEY DETAILS

 

WHO IS IT AVAILABLE TO?

Owner-occupied properties only

HomeBuilder is NOT available for Investment properties.

You must be aged 18 years or older, an Australian citizen and be an individual, not a company or trust.

 

WHAT CAN YOU USE IT FOR?

New build

New home builds to the value of $750K or less

Renovation

Minimum renovation cost $150k (max $750k spend) with the home not valued at more than $1.5 million before the renovation.

Cannot be used for “additions to the property” such as swimming pools, tennis courts, outdoor spas, saunas, sheds or garages.

 

INCOME TEST

Singles earning $125k or less

(based on their 2018/19 tax return or later)

Couples combined income of $200k or less

(based on their tax returns)

 

DURATION

Contracts must be entered into between 4 June & 31 December 2020.

 

If you have been putting off that renovation project or considering building your dream home – DON’T DELAY – the clock is ticking, and you need to get organised as soon as possible.

For more information or to check whether you qualify – please contact Graeme on 0411 886 310 or email gvimpani@alphaloan.com.au TODAY!

 

web_icon.gif Australian Government HomeBuilder Grant Website

pdf_icon.gif HomeBuilder Fact Sheet

pdf_icon.gif HomeBuilder Frequently Asked Questions

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