HomeBuilder Grant $25,000

Request a Callback

The HomeBuilder grant provides individuals and couples with $25,000 towards building or buying a new home or substantially renovating an existing home that they will own and occupy.

Eligibility

These criteria apply to all persons, whether applying as an individual or as part of a couple.

  • You must not have previously received a HomeBuilder grant in any state or territory of Australia.
  • You must be at least 18 years of age. (Companies and trusts cannot apply.)
  • You must be an Australian citizen at the time you apply.
  • Your 2018–19 or 2019-20 annual taxable income must be below:
    • $125,000 for an individual
      or
    • $200,000 for a couple.
  • You will be the registered owner on the title.
  • The home will be your principal place of residence after completion or settlement.
  • The contract is signed between 4 June 2020 and 31 December 2020 to:
    • buy an off-the plan or new home valued at $750,000 or less and construction had not started before 4 June 2020
      or
    • build a new home where the build amount and the value of the land (including any existing structures) is $750,000 or less
      or
    • substantially renovate an existing home, where
      • renovations cost between $150,000 and $750,000
        and
      • value of property (home and land before renovation) is less than $1.5 million