HomeBuilder provides eligible owner-occupiers (including first home buyers and existing home owners) with a grant of up to $25,000* to build a new home or substantially renovate an existing home. HomeBuilder will assist the residential construction market by encouraging the commencement of new home builds and renovations.
New first home buyers in South Australia could be eligible for up to $40,000* in grants towards their new home build, as the Federal Government’s significant HomeBuilder stimulus package boosts by up to $25,000 the existing $15,000 State Government incentive.
What is the HomeBuilder Grant amount?The HomeBuilder Grant for building a new home, substantially renovating an existing home, or buying an off the plan/new home. The amount available is:
- $25,000 where the contract is signed between 4 June 2020 and 31 December 2020
- $15,000 where the contract is signed between 1 January 2021 and 31 March 2021
For more information regarding the HomeBuilder Grant, including details about the application process, eligibility criteria, fact sheet, FAQs and to download the application form, please visit Revenue SA's website from the link provided below.
*Applicant eligibility, including HomeBuilder Grant amounts are subject to the eligibility criteria set out by Revenue SA.