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 guide you through the process and timelines to take advantage of the newly announced government HomeBuilder scheme.

Eligibility Criteria:

Couples with combined income under $200K

Singles with income under $125K

Owner occupiers

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

Exemptions:

Investment properties

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.