Attention - New Home Builders

      By Renee Lovelady Tomas

      Another Grant! State $5,000.00 grant to new home builders in regional Queensland locations!

       Just announced by the Urban Development Institute of Australia:

      Buyer eligibility criteria

      • you must be at least 18 years of age and an Australian citizen or permanent resident (or applying with someone who is)
      • you or your spouse must not have received a previous regional home building boost grant
      • you must be buying or building a brand new home
      • the value of the home including the land is less than $750,000
      • you must move into the new home as your principal place of residence within 1 year of the completed transaction and live there continuously for 6 months
      • the home is being bought or built in a regional Queensland areas of:
        • Cairns
        • Central Queensland
        • Darling Downs Maranoa
        • Mackay–Isaac–Whitsunday
        • Queensland–Outback
        • Toowoomba
        • Townsville
        • Wide Bay.

      Eligible transactions
      Eligible contracts must be entered into between 16 June and 31 December 2020 and must be one of the following:

      • a contract to purchase a new home including a substantially renovated home
      • a contract to build a new home.

      An application form and details on how to apply will be available by the end of June.

      By Renee

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