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QLD: The HomeBuilder Scheme complements the Queensland Government’s First Home Owner’s Grant

4Mo ago 0 Replies 97 Views
The $25,000 HomeBuilder stimulus for anyone signing off on construction of a new property has sparked a land rush, with developers reporting a 70 per cent rise in enquiries.

“The Scheme complements the Queensland Government’s First Home Owner’s Grant, meaning an eligible purchaser could save up to $40,000. At our Aura community on the Sunshine Coast, for example, this could see a $380,000, three bed, two bath, one car freestanding home cost the customer approximately $340,000, with the potential for further concessions for those eligible. We are expecting local enquiry to increase following the government’s announcement.”

Among those on the hunt were previous buyers who had delayed purchases during COVID-19 and buyers spurred on purely by the HomeBuilder grant and other incentives, according to Oliver Hume chief operating officer Julian Coppini.

Nicola and Owain George were among Queensland families who were thrilled with HomeBuilder, having signed off on land at Stockland’s Baringa development, north of Brisbane.


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