The Federal Government’s HomeBuilder Scheme* is making it even easier for those looking to build a new home to get onto the property ladder. The grant could directly help young families, first home buyers, upgraders and downsizers realise their goal of home ownership sooner.
On 29 November 2020, the Federal Government announced an extension to the HomeBuilder Scheme to 31 March 2021.
Read more about changes to the HomeBuilder Scheme below.
Building contract signed date
4 June and 31 December 2020
1 January and 31 March 2021
Construction commencement timeframe in Queensland
Construction must commence within six months of the contract being signed.
New build price cap
Property value cannot exceed $750,000
Property value cannot exceed:
$750,000 in Queensland
Applications must be submitted to the State Revenue Office by 14 April 2021.
Other eligibility criteria
Eligibility and other criteria apply
$15,000* Queensland First Home Owners Grant
If you are a first home owner in Queensland, you could be eligible for an additional $15,000* First Home Owners Grant. Learn more about the Queensland’s First Home Owner grant 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.
$5,000* Regional Home Building Boost – North Shore only
The regional home building boost grant is a state government initiative to help home owners in regional Queensland into their new home sooner. Customers purchasing land in our North Shore community may also be eligible for the additional $5,000* regional home building boost. Find out more here.
*Not Stockland promotions. Eligibility and other restrictions apply. For more information visit: https://treasury.gov.au/coronavirus/homebuilder, https://firsthomeowners.initiatives.qld.gov.au , https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/transfer-duty-concessions-exemptions ,https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/regional-home-building-grant and https://www.qld.gov.au/housing/buying-owning-home/financial-help-concessions/regional-home-building-grant.
Now is the right time to grow into your new home.
Make the move today and take advantage of the huge selection Stockland QLD has to offer.