If you’ve read some of our previous posts, you’ll know about the HomeBuilder Grant and that it was due to end as we said goodbye to 2020. The great news is that on 29 November 2020, the Government announced that the HomeBuilder Scheme has been extended till 31 March 2021. For successful applicants, it means that $15,000 or $25,000 (depending on when you signed your contract) worth of funding can be put toward a new house purchase, an off-the-plan property, or a large renovation. If you’re wondering whether you’re eligible to apply, you can find more information here.
What Can The Funding Do For You?
Funding is always something to cheer about – no matter what the amount. So, whether you’ve been granted $15,000 or $25,000, it can make a substantial difference to your budget when it comes to buying or building a brand-new home. What does up to $25,000 worth of value look like? Well, that’s a good question. Check out our list of options and opportunity that comes with that extra wriggle room in your budget.
- Larger land. If your land is too restrictive with which home design it can cater for due to size, you can use your extra funds to purchase a bigger lot.
- Land in a more desired location or suburb. If size isn’t an issue but you’d rather your new house be closer to shops, public transport or even an entirely different suburb, the grant may get you closer to a more ideal location.
- A larger home design. Shopping is always fun when you’ve got more to spend. The grant may allow you to opt for an entirely different house design, ticking off the extra items on your dream checklist.
- An upgrade package in fixtures and finishings. If you’re set on your house design and land, you can still put your funding towards upgrade packages. Think upgraded façade, air-conditioning, solar system and many more options.
Why Speak To New Living Homes
Being a trusted home builder in NSW, New Living Homes offers homeowners single-story house designs that are contemporary and affordable. With the addition of the HomeBuilder grant, the opportunity to build your dream home and achieve any of the benefits listed above is even greater. Visit any of our display homes and speak to one of our expert team members to find out how you can maximise the benefits of the Homebuilder grant.