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Do you Qualify for the $25k Government HomeBuilder Scheme?

Do you qualify for the Governements HomeBuilder Scheme?


You may have plans already drawn up for your renovation, or have always thought of building new, or adding on another storey to your existing Abode.

Before & After ( This Madhaus renovation qualifies for the grant)

Lets see if you qualify:


  • You need to be an adult Australian citizen with a taxable income less than $125,000 a year. If you live with your partner, your combined income has to be less than $200,000 per year

  • Before the end of the year, you need to enter a contract to renovate or build your main place of residence, with construction to begin within three months of the contract date (no investment properties)

  • For renovations, you need to spend between $150,000 and $750,000 of your own money, and the house you're renovating must be valued at less than $1.5 million prior to renovations

  • Renovations can't be for pools and tennis courts, they have to improve liveability and access.

  • For new builds, the total value of the completed home needs to be less than $750,000, including land

( Source: https://www.abc.net.au/news/2020-06-04/homebuilder-grants-scheme-coronavirus-construction-explained/12320116)



Provided you have the money and meet the criteria, you can apply directly to your state or territory's revenue office for the new grant.


This is hoped to be supported further by the NSW government and hopefully local councils with lower fees for submitting DA's or other associated fees associated with planning and submission costs.


How can Madhaus help?

Madhaus is your first step in undertaking design and architectural documents required for submitting plans to council or a private certifier to start your project ASAP, while this scheme applies.


We have also teamed up with Symatic, to provide prefabricated housing solutions for quicker completion time on projects which are designed by Madhaus.




Get in contact

info@madhausstudios.com


follow us on Instagram @_Madhaus https://www.instagram.com/_madhaus/

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