The recently announced Federal Government HomeBuilder scheme is making it even easier for home buyers and those looking to build a new home to get onto the property ladder. A $25,000* grant will directly help young families, first home buyers, upgraders and downsizers realise their goal of home ownership sooner. Find out more here.

At Stockland, we’ve been building communities across Australia for over 65 years, helping Australians towards their first, second or forever home, and supporting them throughout their home buying journey.

As Australia’s largest residential developer and creator of some of the country’s most liveable and affordable masterplanned communities we are working hard to make sure we have home and land packages available, to help as many people as possible access the scheme.

*Not a Stockland promotion. Eligibility and other restrictions apply. Visit https://treasury.gov.au/coronavirus/homebuilder for further information.



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Frequently asked questions

The HomeBuilder provides eligible owner-occupiers (including first home buyers) with a $25,000 grant to build a new home, or substantially renovate an existing one. It is part of the Australian federal government economic response to Coronavirus. 



You can’t apply for HomeBuilder just yet. Information on when you’ll be able to apply will be released through the relevant State or Territory revenue offices.

You can contact them directly if you have questions about when and how you’ll be able to apply.

We’ll keep this page up-to-date as new information becomes available.


To access HomeBuilder, owner-occupiers must meet the following eligibility criteria:

  • you are a natural person (not a company or trust);
  • you are aged 18 years or older;
  • you are an Australian citizen;
  • you meet one of the following two income caps:
    • $125,000 per annum for an individual applicant based on your 2018-19 taxable income or later; or
    • $200,000 per annum for a couple based on both 2018-19 taxable income or later.
  • you enter into a building contract between 4 June 2020 and 31 December 2020 to either:
    • build a new home as a principal place of residence, where the property value does not exceed $750,000; or
    • substantially renovate your existing home as a principal place of residence, where the renovation contract is between $150,000 and $750,000, and where the value of your existing property (house and land) does not exceed $1.5 million (pre-renovation);
  • construction must commence on or after 4 June and within three months of the contract date.

The criteria above is a direct excerpt from the HomeBuilder factsheet provided on treasury.gov.au



Off-the-plan apartments or town houses are eligible for HomeBuilder. If you sign the contract to buy the off-the-plan dwelling on or after 4 June 2020 and on or before 31 December 2020 and construction commences on or after 4 June 2020 and no later than three months after the contract is signed then the property purchase may be eligible for HomeBuilder.

However, if you sign the contract to buy the dwelling after 4 June 2020, and construction on the home commenced before 4 June 2020, then the home does not qualify for HomeBuilder.

Yes, HomeBuilder will be available in addition to existing state incentives, like FHB grants and the WA New Home Construction Grant, for those that meet eligibility criteria.

We’ll keep this page updated as the state revenue offices release further information in relation to HomeBuilder and related grants over the coming weeks.

The table below provides an overview of some other relevant government grants by state.



HomeBuilder

Other grants

Combined totals

New South Wales

 

 

 

 

 

$25,000

Learn more

$10,000 First Home Owner Grant

Learn more

Up to $35,000

Victoria

$10,000 First Home Owner Grant

Learn more

Up to $35,000

Queensland

$15,000 First Home Owner Grant, which increases to $20,000 if buying regional 

Learn more

Up to $45,000

Western Australia

$10,000 First Home Owner Grant

Learn more

$20,000 New Home Construction Grant Learn more 

Up to $55,000

To assess your eligibility for the above grants, and explore further concessions and rebates, visit the relevant state government websites from the table above.


We recommend contacting the Sales Centre at the Stockland community you’re interested in. Our team can help you understand the HomeBuilder eligibility guidelines, and explain various options, including both registered ‘ready to build’ land and unregistered land which is commonly referred to as ‘off the plan.’

They’ll help you find the best land options for your lifestyle and budget, and that fit within the eligibility criteria.

If you’d like to discuss your house and land options or HomeBuilder eligibility with our team, you can make an enquiry here.


Yes, If you own vacant land before 4 June 2020, and enter into a build contract before 31 December 2020 and commence construction within 3 months after the contract is signed then the property purchase may be eligible for.

Yes. Eligible owner-occupier(s) must be listed on the property’s certificate of title. The owner-occupier must also be a natural person (not a company or trust), and meet the other eligibility criteria of the program.

Construction pursuant to the contract must commence within three months of the contract date. States may exercise discretion where commencement is delayed beyond three months from the contract date due to unforeseen factors outside the control of the parties to the contract (e.g. delays in building approvals).


Yes, HomeBuilder is government run and entirely separate to Stockland’s refer-a-friend program.

For more information on the Stockland refer a friend program see here.

More information

Treasury HomeBuilder announcement Click here

HomeBuilder Eligibility and Factsheet Click here

HomeBuilder FAQs Click here

Select your preferred state and enter your details to find out how we can help you take advantage of the scheme and progress towards your new home.

 

One of our trusted sales professionals will be in touch to discuss great house and land packages and eligible options.



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