05 January 2021   

2 mins read
The Federal Government has extended the Homebuilder Scheme through 31 March 2021.

2021 is the year to own your space. Thanks to the recently extended $15,000 Federal Government Homebuilder Grants*, along with the existing $10,000 WA First Home Owner Grant*, it's even easier for those looking to build a new home to get onto the property ladder. Eligible purchasers could receive up to $25,000* in government grants, helping young families, first home buyers, upgraders and downsizers realise their goal of home ownership sooner.

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 various grants available.

Read more about changes to the Federal Homebuilder Scheme for WA residents:

Builder contractsigned date

4 June 2020 and 31 December 2020

1 January 2021 and 31 March 2021

Grant amount

$25,000

$15,000

Construction commencement timeframe

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

Application deadline

Applications must be submitted to the State Revenue Office by 14 April 2021.

Other eligibility criteria

Eligibility and other criteria apply

 

Contact our team for further information and to begin your home building journey with Stockland.

*Not Stockland promotions. Eligibility and other restrictions apply. Visit https://treasury.gov.au/coronavirus/homebuilder, https://www.wa.gov.au/organisation/department-of-finance/fhog and https://www.wa.gov.au/government/publications/first-home-owner-duty-fs for further information.