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Joshua

Joshua

One of the most talked about schemes has been HomeBuilder – a program designed primarily to support the building and construction industry while easing the financial burden of some homeowners. But has the $25,000 government handout done the job and should you be compelled to purchase, build or renovate simply because HomeBuilder is available? For those who may be unaware, HomeBuilder is $25,000 federal government grant for property owners looking to build a home or buy a new home, or carry out a home renovation, all within set qualification guidelines. The grant applies to principal places of residence only, so investors need not apply. Criteria includes: Owner‐occupiers must be a natural person (not a company or trust), aged 18 years or older and be an Australian citizen, The grant is means tested to income caps of $125,000 per annum for an individual or $200,000 per annum for a couple based on a 2018‐19 taxable income, The new-build home must not have a property value in excess of $750,000, For those claiming for a renovation, the contracted works must cost between $150,000 and $750,000, and the value of your existing property must be below $1.5 million pre-renovation. Read full article at: x Is the HomeBuilder grant worth it? Let’s take a moment to acknowledge that the political sphere has generally stepped up during 2020. I concede that the usual argy-bargy of party politics... propertyupdate.com.au
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Sam2018

Sam2018

Royal

Royal

Toowong
1 Reply 43 Views 1Mo ago
Justprop Editor

Justprop Editor

Bardon
1 Reply 21 Views 1Mo ago
Sam2019

Sam2019

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