The newly announced HomeBuilder scheme aims to boost activity in the construction market in response to the covid-19 crisis. The scheme provides a cash grant of $25,000 to eligible home owner-occupiers, including first home buyers, towards renovating their properties or building a new home.
HomeBuilder is available:
You are eligible if:
Not to be claimed for small scale works and repairs, the scheme is designed to assist in the build of a new home and in substantial renovations in certain situations.
If youβre building:
If youβre renovating:
The Commonwealth Government has also made statements that HomeBuilder will be available for off-the-plan purchases, and that further details will be forthcoming soon.