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UP TO $40,000 IN GRANT

GOVERNMENT
HOME BUILDERS GRANT

HomeBuilder provides individuals and couples with a grant towards building or buying a new home or substantially renovating an existing home that they will own and occupy.

The grant amount is:

  • $25,000 for contracts signed between 4 June and 31 December 2020
  • $15,000 for contracts signed between 1 January and 31 March 2021.

You must apply by 14 April 2021 and provide all supporting evidence by 30 April 2023.

Eligibility

These criteria apply to all persons, whether applying as an individual or as part of a couple.

  • You must not have previously received a HomeBuilder grant in any state or territory of Australia.
  • You must be at least 18 years of age. (Companies and trusts cannot apply.)
  • You must be an Australian citizen at the time you apply.
  • Your 2018–19 or 2019-20 annual taxable income must be below:
    • $125,000 for an individual
      or
    • $200,000 for a couple.
  • You will be the registered owner on the title.
  • The home will be your principal place of residence after completion or settlement.
  • The contract is signed between 4 June 2020 and 31 March 2021 to:
    • buy an off-the plan or new home valued at $750,000 or less (including GST) and construction had not started before 4 June 2020
      or
    • build a new home where the build amount and the value of the land (including any existing structures) is $750,000 or less (including GST)
      or
    • substantially renovate an existing home, where
      • renovations cost between $150,000 and $750,000 (including GST)
        and
      • value of property (home and land before renovation) is less than $1.5 million.

      click here to find out more.

GOVERNMENT
FIRST HOME BUYERS GRANT

The Queensland First Home Owners’ Grant is a state government initiative to help first homeowners to get their new first home. If your contract is dated 1 July 2018 or later, you can get the Queensland grant of $15,000 towards buying or building your new house, unit or townhouse (valued at less than $750,000). The grant is paid per new home; not to each of the applicants for the same home.

To be eligible for the grant:

  • You must be at least 18 years of age
  • You must be an Australian citizen or permanent resident (or applying with someone who is)
  • You or your spouse must not have previously owned property in Australia that you lived in
  • You must be buying or building a brand new home
  • The value of the home including the land is less than $ 750,000.
  • You must move into the new home as your principal place of residence within 1 year of the completed transaction and live there continuously for 6 months

Click here to find out more.

SOON TO BE COMPLETED:
A STUNNING NEW COLLECTION OF HOME SIZED PARKSIDE APARTMENTS WITH GENEROUS BALCONIES

Request floor plans