1300 817 634

What You Need To Know About The HomeBuilder Scheme

What’s better than building a brand-new house? Getting financial assistance to build a brand-new house! The Australian Government is aiding owner-occupiers who want to build new by providing a $25,000 HomeBuilder Grant that’s administered by Revenue NSW. The Grant is also available to those who plan on undertaking a major renovation to an existing property or who purchase a new, off-the-plan property.

Of course, there’s an eligibility criteria that applicants must meet to be approved. The following will give you a brief idea of the standards that need to be met to be considered eligible:

  • The individual must be an Australian citizen aged 18 years or older.
  • The individual must earn less an income of less than $125,000/year.
  • A couple (legally married or domestic relationship) must earn a combined income of less than $200,000/year.
  • The property must have a total value of less than $750,000.
  • Renovations on existing homes must exceed $150,000.
  • The value of the home cannot exceed $1,500,000 pre-renovation.
  • The Grant cannot be used towards swimming pools, garages, tennis courts and other specific renovations.
  • The eligible contract must be signed by 31 December 2020, and construction cannot have commenced before 4 June 2020.
  • The owner must occupy the property as their principal residence for a continuous period of six months.
  • The owner must occupy the property immediately after the completion of construction or renovation.

The HomeBuilder Scheme has been put in place with an intent to have the construction industry bounce back after the blow of the Coronavirus pandemic. The idea is to stimulate real estate and support over one million jobs in the residential industry of NSW.

At New Edge Homes, we want our clients to get the most value from their build and reap the benefits of any government funding that they may be eligible to. If received, the Grant is not taxed and, for home owners building new, will be paid after the first progress payment has been made to the builder and after construction has commenced.

If you have been thinking of building an affordable double storey home in the Greenfield areas of NSW, contact us on 1300 817 634 today and let an expert of the New Edge Homes team guide you through the simple process. The full eligibility criteria of the HomeBuilder Scheme can be found here and the application can be found here. Applications close on 31 December 2020,

Testimonials

Building a New Living Home has given me confidence that I can easily embark on building a home rather than buying a place, and get a better house/ home rather than a small flat. But you have to choose a builder that KNOWS how to build, that builds exactly how the design dictates. A builder who can deliver what they say, when they say. A house that won’t look daggy in years to come is important too, and New Living Homes did just that. The overall investment has worked out well too, growing in value is a short period of time.

G.Pace

”The idea of our brand new home is still really sinking in as we never dreamt of building or ever own. A VERY big thank you to New Living Homes for giving us a brand new home! You’ve made our dreams real!”- Grevillea 4.1, Elegance Facade

L & M King

We would just like to say a massive thank you once again for all your help with the house. We moved in on the weekend and we are loving it ! So thank you for being part of the team that made our dream come true.

Belinda, Jordan Springs, Acacia 4 Urban

I love that my new home is mine!!!! There is nothing I don't love about it. The finishes are great and it is just perfect! I love showing it off to people and all of my friends and family love it and always compliment the design and workmanship.

B.M - Spring Farm  

‘’From the very beginning, our experience with New Living Homes has been nothing but amazing. From our very first meeting at Spring Farm, to the accounts team, to the pre-construction team, and our Construction Manager on site, nothing was ever an issue, or a question too stupid’’.

Rebecca & Steve - Jordan Springs 

‘’I have been extremely happy with my experience with New Living Homes and have told anyone and everyone about our build. Everything went smoothly and yes there were a few problems but our site manager sorted them out as quickly as he could.. Throughout all the build, nothing was too much trouble for our site manager’’

Debbie & Brian - Jordan Springs 

After hearing some horror stories of people building their homes we were fairly nervous to see how it would all
unfold however from the very first dealing with New Living Homes we could not fault a single thing. I would like to
give special mention to Emma from the Brooks Reach Display who was very accommodating with us pestering her
with what seemed like every week as we would be checking different things in the display home.

Tim & Kara - Flinders

My experience was excellent. This was the second house I have built in 4 years and the whole experience was a pleasure from start to finish. All of the sales team were very helpful and very responsive to each and every enquiry I had.

Damian & Lauren - Spring Farm 

Building with New Living Homes has been a pleasant and enjoyable journey so far, and we know we have Sandra to thank for this. Her customer service is second to none, and has made all the difference in building this time round. My husband and I just wanted to make sure recognition and praise was given where it is due. Thanks again for everything Sandra! We are looking forward to more builds with NLH. 

D.E, Marsden Park 

I always thought that building a house in Australia would be a nightmare like everyone told me but it was more than a pleasure as I was never troubled about anything. The process was as smooth as a butter.

Thank you guys, its because of your amazing team work, good flow of communication and the zeal to work hard to let people achieve their dreams, has gotten us what we really wanted. -

Monika & Mayur, Elara 

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