There's never been a better time to build or renovate in Australia!

The Australian government has just launched their new HomeBuilder scheme offering $25,000 grants for home improvements.

The $688million federal program announced on Thursday provides subsidies for homeowners with a property worth up to $1.5million if they spend $150,000 to $750,000 improving their property.

The scheme is expected to inject $15billion into the economy and help pull the construction industry out of the coronavirus pandemic.

Income caps will apply, of $125,000 for singles and $200,000 for couples, and both first and subsequent home buyers are eligible.

The project home builders will probably be the winners because of the value thresholds and the earning thresholds on the scheme.

To cash in on the project, a contract must be signed by the end of the year.

The scheme’s financial threshold also means those without big savings accounts will struggle to benefit. But that doesn’t mean it’s only for the wealthy - the home’s total value post-renovation cannot exceed $1.5m.

For more information about this scheme and to find out if you’re eligible, visit:|source:|QLD|C1%20P1

Do you know what this means?

There’s never been a better time to buy vacant land and build in Brisbane! Now is the time to buy up land and build when less inventory is available and the market isn’t at its peak.

Have you seen our latest listing – 72 Wylie Avenue in Coorparoo?

It’s a prime 602sqm vacant and build ready block in a superior south Brisbane suburb just minutes to the CBD. It is cleared and ready for you to build your family home or subdivide with north and east city views and surrounded by premium properties.

This is your chance to take advantage of an opportunity that doesn’t come along often in this location and with this government grant available to help sweeten the pot.

Visit HERE to view the listing and contact us with me questions.

Tiffany Sly, Associate Director

McGrath Projects Queensland

876 Brunswick Street

New Farm, QLD, 4005

Mobile   0421 934 266
Office    (07) 3638 1400

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