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First Home Buyers

·        The grant is open to individuals who are Australian citizens aged 18 years and over.

·        The grant is means tested, singles must have an income less than $125,000.00 and couples with a combined income of less than $200,000.00

·        Building a new home (house and land) that does not exeed $750,000.00 or

·        Substantially renovate an existing home between $150,000.00 and $750,000.00

·        Construction for the new home or renovation must commence within three months of the contract date.

·        The grant is for purchasers that sign  a contract between 4th June and 31st December 2020

 

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