Commonwealth/federal grant $25,000.00 eligibility
1. Minimum contract price of the works $150,000.00
2. Owner-builders are ineligible
3. Investment properties are ineligible
4. Renovations or building work must be undertaken by a registered or licenced building service 'contractor
5. The renovation works must be to improve the accessibility or safety or liveability of the dwelling. It cannot be for standalone granny flats, swimming pools, tennis courts, and structures that are not connected to the property (i.e. outdoor spas and saunas, sheds or standalone garages).
6. Home Builder will be non-taxable – consistent with existing state and territory first home owner grant programs.
7. only for Australian citizen;
8. meet one of the following two income caps:
$125,000 per annum for an individual applicant based on your 2018-19 taxable income or later; or$200,000 per annum for a couple based on both 2018-19 taxable income or later
9. Applicable for complete demo and rebuild a new home
10. Principal place for residence
11. The contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date
State grant: $20,000.00 eligible criteria
1. Enter into a contract to build a new home on vacant land
2. Enter into an off-the-plan contract to purchase a new home as part of a single-tier development on a strata plan or other land survey type.
3. Investor
4. Complete demo and rebuild
5. Not eligible for renovation
6. Not for granny flat
7. One home per lot
8. Minimum contract price pf the works $150,000.00
9. The contract is signed between 4 June 2020 and 31 December 2020. Construction must commence within three months of the contract date
First home $ 10,000.00
For the first home buyer
Any further query please feel free to contact me on 0405 837 933
Thanks and best regards
Mominur Rahman
19 Coachwood way Maddington
Director
BD Living Pty Ltd
Member of Master Builder
Website: bdliving.com.au
Email: mominur@bdliving.com.au
