Extended Federal Grant details are:
- Grant amount now $15,000*
- Must be Owner Occupied home
- Maximum House & Land package $750,000
- Income Limits apply – Single applicant $125,000 & Couple $200,000
- Building contract must be signed by 31st March 2021
- Construction to commence within 6 months of the Contract date
- All applicants must be Australian Citizens
- If first home buyer, additional $10,000* FHOG may apply
*The new government stimulus on residential housing is subject to terms and conditions, with eligibility criteria applying. Please contact us for further information.
Visit https://treasury.gov.au/coronavirus/homebuilder