A $25k boost for new home buyers
The Federal Government’s HomeBuilder grant is a welcome announcement for new home buyers, with a $25,000 grant available to eligible purchasers*.
Plus, there is an additional $10,000* up for grabs for eligible first home buyers in line with the current Victorian Government First Home Owners Grant.
But act quick! To access the HomeBuilder grant, you’ll need to sign a contract to build a new home up to the value of $750,000 (including the value of the land) between 4 June 2020 and 31 December 2020, with construction commencing within six months of the contract date.
The great news is that at Mambourin, we have a range of titled and near-titled land available to help you fast-track this opportunity, and our builder partners are ready to start construction within the eligibility timeframe.
For more information and to see if you are eligible, view the HomeBuilder Fact Sheet and Frequently Asked Questions below.
In extra good news, the $25k HomeBuilder grant is in addition to existing to commonwealth and state-specific grant programs and stamp duty concessions, which means you could be eligible for more than one grant.
The Commonwealth HomeBuilder program closes on 31 December 2020, so you’ll need to move quickly. Get in contact with us today.
*Grant eligibility criteria and income-cap limits apply for HomeBuilder.
Please refer to the relevant fact sheets at https://treasury.gov.au/coronavirus/homebuilder for more information.
Book an appointment with our sales team to discuss your options at Mambourin.