Make buying your new home easier with up to $55K* in savings.
Following the Government’s exciting $25K announcement last week, the Thornhill Park team will offer an additional $20K off your lot. This is on top of the existing $10K First Home Buyers Grant for eligible purchasers.
With social restrictions easing and normality on the horizon, it is welcome news that the Australian government has announced a building stimulus package that offers a $25,000 cash grant to prospective new home builds.
This new incentive aims to provide a boost to the building industry in light of the recent economic downturn due to recent events with specific details regarding applicant eligibility including:
- A grant of $25,000 to eligible owner-occupiers ( not just first home buyers ) to build a new home or substantially where the contract is entered into between today and December 31, 2020.
- Construction of a new home must be contracted to commence within three months of the contract date.
- Income thresholds – consistent with the First Home Buyers Deposit Gap Scheme (FHBDGS) – of $125,000 for singles, or $200,000 for couples.
- A threshold of $750,000 for the value of the new home (including land)
With a wide range of land sizes to suit your budget and lifestyle, the opportunity to build your forever home at Thornhill Park has never been more attainable.
*Includes the new $25k HomeBuilder Grant. For more details on eligibility click here.
For additional information on the $10k First Home Owners Grant, visit State Revenue Office for more information to find out if you are eligible, and chat with your financial advisor.