You know the drill Perth home buyer. You’ve been through the process before, whether it was building or buying established. However, with the new grants in place it can be hard to distinguish what’s available to you now that you’re not a first home buyer.
So here’s a quick recap!
Firstly, because you have bought before you are not eligible for the First Home Owners Grant (FHOG) or the First Home Loan Deposit Scheme (FHLDS).
And now, both the Federal Government’s HomeBuilder and WA Building Bonus Grants have ended so they’re off the table.
But reach out to us because there are new products and incentives that could help you.
HomeBuilder Scheme
This initiative was announced by the government back in June 2020 when the offer was for $25,000 (it dropped down to $15,000 for contracts signed in 2021). This scheme was available to first home buyers and previous home owners.
This scheme is from the Federal Government and was created to boost construction jobs around Australia. That’s why it’s available not just for building new homes, but if you wanted to renovate as well.
Unfortunately, this grant is no longer applicable as building contracts needed to be signed before 31 March 2021.
WA Building Bonus Package
The $20,000 Building Bonus Package is a Western Australian grant that was announced by the State Government. Like HomeBuilder, the aim is to encourage more home buyers to build new homes and help the industry.
Unfortunately, this grant is no longer applicable as building contracts needed to be signed before 31 December 2020.
