Great news, it’s time to build! Up to $45K* in government grants now available.
If you’ve been waiting to get into your Hamptons-style home on the Mandurah Canals, now’s the perfect time to make it happen.
The WA government has announced a $20,000 Building Bonus Package* grant for new home builds. To be eligible for this WA government grant you must:
- enter into a contract to build a new home on vacant land or
- enter into an off-the-plan contract to purchase a new home as part of a single-tier strata scheme
The contract must be entered into between 4 June 2020 and 31 December 2020 and there is no cap on the purchase price or value of the contract.
The above grant is available on top of the federal government’s HomeBuilder grant worth $25,000* for new home builds and off-the-plan properties.
To be eligible for this $25K government grant you must meet the following 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 tax return or later; or $200,000 per annum for a couple based on both 2018-19 tax returns or later;
- you enter into a building contract between 4 June 2020 and 31 December 2020 to build a new home as a principal place of residence, where the property value does not exceed $750,000.; and
- construction must commence within three months of the contract date
Both the WA Building Bonus Package and the federal government’s HomeBuilder grant will complement the existing First Home Owner Grant program, stamp duty concessions and other grant schemes, as well as the Commonwealth’s First Home Loan Deposit Scheme and First Home Super Saver Scheme.
Hamptons Edge has a range of house and land packages for you to choose from, so whatever your budget or lifestyle, we’ll help you get into your dream home sooner.
Hurry! These government grants are available for a limited time only.
Contact Rachael Shaw from Harcourts Mandurah today to start your journey to luxury waterfront living at Hamptons Edge.
0488 136 999
*Government terms and conditions apply. $25,000 grant for eligible owner-occupiers for new home builds up to the value of $750K. $25,000 and $20,000 grants are available for contracts signed between 4 June and 31 December 2020 – construction must commence within 3 months of signing to be eligible for the $25,000 grant.