Dreaming of your NEW home | it is time to act

Australian Government | Economic Response to the Coronavirus, COVID-19 has introduced a $25K Stimulus will assist the residential construction market by encouraging the commencement of new home builds or renovations from the 4th June to 31st December 2020. 

The team at Direct Portable Buildings are available to assist you to design your dream home to suit your family requirements. 

Eligibility | To access HomeBuilder, owner-occupiers must meet the following eligibility criteria:

• You are a natural person (not a company or trust)

• You are aged 18 years or older

• you are an Australian citizen

• you meet one of the following two income caps

• $125,000 per annum for an individual applicant based on your 2018-19 taxable income or later; or

• $200,000 per annum for a couple based on both 2018-19 taxable income and later

• You enter into a building contract between 4 June 2020 and 31 December 2020 to either:

• build a new home as a principal place of residence, where the property value does not exceed $750,000; or

• substantially renovate your existing home as a principal place of residence, where the renovation contract is between $150,000 and $750,000, and where the value of your existing property (house and land) does not exceed $1.5 million (pre-renovation)

• Construction must commence on or after 4 June 2020 and within three months of the contract Development Approval

We have provided the link to the Australian Government Homebuilder ‘Fact Sheet’ below for review. Note | It is expected that an online application form will be available in early August.

QLD First Homeowners’ Grant

Coupled with the Qld State Government First Home Buyers Grant $15,000, Stamp duty concession first Home Buyers up to $15,925 and the Federal $25K as a first Home Buyer there is no time better than now to buy your first Home. There is also a link to the information for the Stamp Duty Concession.

Regional home building boost grant

The regional home building boost grant is a state government initiative to help homeowners in regional Queensland into their new home sooner. It will give you $5,000 after the purchase or construction of a brand-new house, unit or townhouse valued at less than $750,000.

Regional Queensland areas of | Cairns; Central Queensland’ Darling Downs Maranoa; Mackay0Isaac-Whitsunday; Queensland outback; Toowoomba; Townsville; Wide Bay.

Direct Portable Buildings have numerous designs to choose from to meet your needs. To assist you we have included two of our most popular designs being ‘Marigold” and our ‘Hibiscus’ for review. Also on our website www.directportablebuildings.com.au you will discover building designs available from 1 Bedroom up to 5 Bedroom homes or let us design YOUR home to suit you.

1. Marigold 2 | Bed Design from $152K

2. Hibiscus | 3 Bed Design from $179K

Link 1 | Fact Sheet | Home Builder Eligibility

https://treasury.gov.au/sites/default/files/2020-06/Fact_sheet_HomeBuilder.pdf 

Link 2 | Fact Sheet | Queensland First Homeowners’ Grant

https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/qld-first-home-grant 

Link 3 | Fact Sheet | Regional home building boost grant

https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/regional-home-building-grant 

Contact the Team at Direct Portable Buildings today on 1300 156 667

Or Email Enquiries@directportablebuildings.com.au