On 29 November 2020, the Government announced an extension to the $15K HomeBuilder Grant. The extension will last until the 31st of March 2021.
HomeBuilder provides eligible owner-occupiers (including first home buyers) with a grant to build a new home or substantially renovate an existing home. HomeBuilder assists the residential construction sector by encouraging the commencement of new home builds and renovations.
Changes to the Govt HomeBuilder program include:
- A HomeBuilder $15,000 Grant for building contracts (new builds and substantial renovations) signed between 1 January 2021 and 31 March 2021, inclusive.
- An extended deadline for all applications to be submitted, including those applying for the $25,000 grant and the new $15,000 grant. Applications can now be submitted up until 14 April 2021 (inclusive). This will apply to all eligible contracts signed on or after 4 June 2020.
- An extension to the construction commencement timeframe from three months to six months for all HomeBuilder applicants. This will apply to all eligible contracts signed on or after 1 January 2021 but will also be backdated and apply to all contracts entered into on or after 4 June 2020.
- An increase to the property price cap for new build contracts in New South Wales and Victoria to $950,000 and $850,000, respectively, where the contract is signed between 1 January 2021 and 31 March 2021, inclusive.
The existing new build property price cap of $750,000 will continue to apply in all other States and Territories.
A change in licensing requirements and registration for builders and developers, as below:
- Where an eligible contract is signed on or after the 29 November 2020, the builder or developer must have a valid licence or registration before 29 November 2020.
- Where an eligible contract is signed before 29 November 2020, the builder or developer must have a valid licence or registration before 4 June 2020.
Other than the above, the existing program criteria applies. That is, the other existing eligibility criteria remains in place and the $25,000 grant will still be made available for eligible contracts signed on or before 31 December 2020.
You can register to receive updates on HomeBuilder when more information is available through the form below.
|HomeBuilder program criteria||Contracts signed between 4 June and 31 December 2020 (inclusive)||Contracts signed between 1 January and 31 March 2021 (inclusive)|
|Grant amount (new builds and substantial renovations)||$25,000||$15,000|
|Construction commencement timeframe||Construction must commence within six months of the contract being signed.|
|New build price cap||Property value cannot exceed $750,000||Property value cannot exceed:$950,000 in NSW$850,000 in Victoria; or$750,000 in all other States and Territories.|
|Substantial renovation price cap||The value of the property cannot exceed $1.5 million (pre renovation).|
|Application deadline||Applications must be submitted to the relevant State Revenue Office by 14 April 2021.|
|Licensing requirements for builders/developers||Where an eligible contract is signed on or after the 29 November 2020, the builder or developer must have a valid licence or registration before 29 November 2020.Where an eligible contract is signed before 29 November 2020, the builder or developer must have a valid licence or registration before 4 June 2020.|
|Other eligibility criteria||Existing program eligibility criteria remains.|
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.
Dual Occupancy | Caring for Family
Dual Occupancy | Is a property where a property has two separate dwellings located on a single title. Generally, both residences will have separated internal entrances and each side can be either used for family members or leased out to different parties depending on varying Council rules.
Dual occupancy properties come in a number of forms including:
- A duplex
- A duplex is defined as a house or building with two separate units. An example of a duplex is a house with two living units with a common wall.
- A second dwelling
- A second dwelling, as the name suggests, occurs when you build a second dwelling behind or next to an existing house.
- Two free standing dwellings
- A freestanding house is stand-alone dwellings and buyers own the land and any built forms within its boundaries.
- A granny flat
- An apartment that is adjacent to the main living quarters of a house and or a part of a house made into self-contained accommodation suitable for an elderly relative
As the demand for our ageing population requirements continues to grow across Australia more and more families are making the decision to build a granny flat for the parents to care for them.
When designing your family granny flat, we ensure that the designs incorporate all the principles to eliminate hazards and ensure their safety at all times.
- Wet room floors are recessed to avoid trip hazard
- Doors/Hallways widened for wheelchair access
- Free standing vanities
- Grab rails
- Adequate lighting
Our Team is here to assist you to either design and plan your new dwelling or choose from one of the many designs available on our website. All enquiries welcome.
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 | Economic Response to the Coronavirus | Home Builder
Link 2 | Fact Sheet | Home Builder Eligibility
Link 3 | Fact Sheet | Queensland First Homeowners’ Grant
Link 4 | Fact Sheet | Regional home building boost grant
Contact the Team at Direct Portable Buildings today on 1300 156 667
Direct Portable Buildings Pty Ltd
Helping to make your dream a reality