HomeBuilder - $25,000 Government Incentive
Now is the Time to Start Your Renovation or Build Your New Home
Scott Morrison announced the HomeBuilder scheme this week If you had been putting off that renovation or new build, the extra $25,000 we're putting on the table, along with record-low interest rates, means now's the time to get started."
What You Need to Know
Ecohouz guides you through the process and timelines to take advantage of the newly announced government HomeBuilder scheme.
Eligibility Criteria HomeBuilder:
Couples with a combined income under $200K
Singles with income under $125K
New builds of up to $750K
Renovations of more than $150-$750K
Value of home to be renovated less than $1.5million
Dates 3 June to 31 December 2020
Owners building or renovating on their own without the help of builders
Renovation work will not include structures separate to the main property, such as granny flats, garages, swimming pools, tennis courts and sheds.
Construction must be contracted to commence within three months of the contract date.
Contact Ecohouz now to discuss your plans to ensure you do not miss the December 31st deadline.