$25,000 HomeBuilder Program
The Australian Government has launched the HomeBuilder program providing eligible owner-occupiers $25,000 to put towards the purchase of a newly-constructed home.
The total value of the home and land must not exceed $750,000, and construction of the home must commence within three months of the contract entered into between 4 June and 31 December 2020. The purchase of a newly-constructed home, whereby the construction commenced after 4 June 2020, also meets eligibility criteria if the contract is entered into prior to 31 December 2020.
HomeBuilder can apply in conjunction with the existing First Home Owner Grant program, First Home Loan Deposit Scheme and First Home Super Saver Scheme.
For more information about the HomeBuilder grant and eligibility requirements click here.
$15,000 South Australia First Home Owners Grant*
Great news for first home buyers as the HomeBuilder grant can be applied in conjunction with the existing South Australia Government’s First Home Owner Grant. First home buyers may eligible to receive a further $15,000 towards their purchase. To learn more click here.
Other available incentives
All offers can be applied in conjunction with existing Australian Government incentives such as the First Home Loan Deposit Scheme and the First Home Super Saver Scheme. Government terms and conditions apply.
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*Terms and conditions apply. Interested parties should seek appropriate financial advice and make their own investigations as to eligibility for concessions, rebates, exemptions and grants. Information is current as at June 2020, though is subject to change without notice, and no warranty, express or implied, is given as to its accuracy. AVJennings disclaims liability for any loss, damage or claim of any nature or kind (including negligence) incurred by any party which arises out of any alleged reliance on this article. ® Registered Trademark. © AVJennings Properties Limited. ABN 50 004 601 503. NSW Builders Licence 39168C, QLD Builders Licence No QBCC41712, VIC Builders Licence CDB-U 57318, SA Builders Licence BLD56537.