HomeBuilder Grant in Queensland

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The $25,000 Home Builder grant.

The HomeBuilder grant can give people a grant of $25,000 towards building or buying a new home or even to make substantial renovations of an existing home that they will own and live in.

There are some conditions, and one is that you must be an Australian citizen at the time you apply.

Your recent annual taxable income (2018–19 or 2019-20) must also be below $125,000 for an individual or $200,000 for a couple.

A new home must be valued at $750,000 or less.

When renovating an existing home, the total renovation cost must be between $150,000 and $750,000, and the entire property before renovation, must be valued at less than $1.5 million.

Australian citizens in Queensland can apply for this at: www.qld.gov.au/…/homebuilder

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NSW : www.revenue.nsw.gov.au/…/homebuilder

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