$668 Million Home Builder Scheme Unveiled

date June 6th, 2020 category Uncategorized

Great news for FIRST HOME BUYERS and those looking to buy  and renovate a house or purchase house and  land packages!

Prime Minister Scott Morrison confirmed Australians will be able to access grants of $25,000 for home renovations between June and December 2020 to combat the negative effects the lockdown has had on the construction sector.  This much needed initiative will not only provide a necessary boost to the construction industry but further support First Home buyers to enter the property market through the construction of their dream home.

Am I Eligible?

The grant is available to the following Australians;

  • Single Applicants who earn less than $125,000 a year
  • Couples who earn up to $200,000 a year (combined)
  • Renovations must cost between $150,000.00 – $750,000.00 with the final value of the property under $1,500,000.00
  • Property must be your principal place of residence and not an investment

 

Speak to the team at Conveyancer.com.au today for a free House and or Land Contract Review!