ARI Main Beach penthouse seeks nearly $20 million
The Federal Government has just announced that the HomeBuilder Grant, which was set to end on December 31st, will be extended at a reduced rate. Home buyers who are eligible for the grant could be entitled to receive $15,000 for the purchase of a HomeBuilder Grant approved off-the-plan property.
Since the grant was introduced, around 24,000 applications have been made to claim the $25,000 grant, with 19,180 of those applications being for new builds, with just 4,697 applications having been submitted for home renovations.
Grant rules and restrictions vary state-to-state, so here's an overview of what to expect:
VICTORIA HOMEBUILDER GRANT GUIDE
HomeBuild Grant Extended and increase price cap to $850,000 in VIC
Reduced from $25,000 to $15,000 for building contracts signed between Jan 2021 and March 2021.
Home buyers have until December 31st 2020 to take advantage of the $25,000 HomeBuilder Grant.
Click here to search new VIC Residences under $850,000
NEW SOUTH WALES HOMEBUILDER GRANT GUIDE
HomeBuild Grant Extended and increase price cap to $950,000 in NSW
Reduced from $25,000 to $15,000 for building contracts signed between Jan 2021 and March 2021.
Home buyers have until December 31st 2020 to take advantage of the $25,000 HomeBuilder Grant.
Click here to search new NSW Residences under $950,000
QUEENSLAND HOMEBUILDER GRANT GUIDE
HomeBuild Grant Extended for New Residences under $750,000 in QLD
Reduced from $25,000 to $15,000 for building contracts signed between Jan 2021 and March 2021.
Home buyers have until December 31st 2020 to take advantage of the $25,000 HomeBuilder Grant.
Click here to search new QLD Residences under $750,000
SOUTH AUSTRALIA HOMEBUILDER GRANT GUIDE
HomeBuild Grant Extended for New Residences under $750,000 in SA
Reduced from $25,000 to $15,000 for building contracts signed between Jan 2021 and March 2021.
Home buyers have until December 31st 2020 to take advantage of the $25,000 HomeBuilder Grant.
Click here to search new SA Residences under $750,000
WESTERN AUSTRALIA HOMEBUILDER GRANT GUIDE
HomeBuild Grant Extended for New Residences under $750,000 in WA
Reduced from $25,000 to $15,000 for building contracts signed between Jan 2021 and March 2021.
Home buyers have until December 31st 2020 to take advantage of the $25,000 HomeBuilder Grant.
Click here to search new WA Residences under $750,000
Further reading:
Buy now and save: 20 Urban listings eligible for the $25,000 HomeBuilder Grant
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project—from site acquisition and planning approvals through to new launches, construction completions, and final sell-out—delivering trusted, buyer-focused content that supports informed decision-making across the property journey