$55,000 Worth of Government Grants

Did you know you could be eligible for $55,000 worth of Government Grants when building a new home?

What you need to know about the new Government Grants

Federal Government $25,000 HomeBuilder Scheme:
  • Single applicants must be earning $125,000 or less based off their 2018/2019 tax return.
  • Couples must have a combined income of less than $200,000 based on their 2018/2019 tax return.
  • The stimulus will only be offered for building contracts entered into between 4 June 2020 and 31 December 2020.
  • You must be aged 18 years or older, an Australian citizen and be an individual, not a company or trust.
  • The $25,000 stimulus is for new home builds valued up to $750,000 (including land).
  • The $25,000 stimulus is on top of State and Territory First Home Owner Grant programs, stamp duty concessions and other grant schemes, as well as the Commonwealth’s First Home Loan Deposit Scheme and First Home Super Saver Scheme.
State Government $20,000 Building Bonus Scheme:
  • You need to be an individual, not a company or trust
  • You must be 18 years or over at the time of making an application. If you are under 18, you may be able to apply for an exemption on the age requirement.
  • At least one applicant must be an Australia Citizen or Permanent Resident
  • You and/or your spouse or partner must be applying for the FHOG for the first time.
  • You need to live in the home for at least six months within 12 months of settlement of buying a home or within 12months of completion of building a home.
State Government First Home Buyers Grant $10,000:
  • You need to be an individual, not a company or trust
  • You must be 18 years or over at the time of making an application. If you are under 18, you may be able to apply for an exemption on the age requirement.
  • At least one applicant must be an Australia Citizen or Permanent Resident
  • You and/or your spouse or partner must be applying for the FHOG for the first time.
  • You need to live in the home for at least six months within 12 months of settlement of buying a home or within 12months of completion of building a home.

Which Government Grant am I eligible for?

  • ^Eligibly Criteria Applies. Eligibility Criteria is based off the Media Release from Australian Federal and WA State Government and is valid as of 8 June 2020. Eligibility Criteria may change at the discretions of the Australian Federal and WA State Government.

    Please refer the relevant State & Federal Government media statements.