HomeBuilder Grant guidelines
HomeBuilder provides eligible owner occupiers with a grant of $25,000 to build a new home, substantially renovate an existing home or buy an off-the-plan home/new home. A new home is one that has not previously been sold or occupied as a place of residence (e.g. a spec build) and where construction commenced on or after 4 June 2020
On 4 June 2020, the Government announced HomeBuilder to provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to build a new home, substantially renovate an existing home or buy an off-the-plan home/new home.
HomeBuilder Grant applications are to be lodged via the online portal. Applications must be received by no later than 31 December 2020. Applicant(s) can lodge their application in a multi-step process with the initial lodgement being after an eligible HomeBuilder contract has been entered into. Once commencement of construction and the payment eligibility requirement milestones have been met, any additional supporting documentation should be lodged via the online portal.
will advise you whether your application has been approved or declined. Generally this will be within 15 business days of a complete application being received. Before lodging your application, please read the following eligibility criteria, and the section on the supporting documents you will need.
The HomeBuilder Grant is available to individual applicants and couples who are, or will be, registered as the owner on the certificate of title. If you are the only person who is listed, or will be listed, on the certificate of title as owner of the property, you must apply as an individual applicant. If there is, or will be, more than one person listed on the certificate of title, they must jointly apply as a couple provided they meet the definition of ‘couple’.
Experts that first home builders should get to know
You need a team behind you to help turn your dream of building your first home into a reality.
From working out how much you can afford and finding the best home loan, to navigating the sales process and ensuring your home is built on time and on budget, there’s many boxes to tick. Building your first home can be a simpler, more streamlined experience if you gather an expert team around you.
“You wouldn’t buy a yacht tomorrow and attempt a solo sail to Europe without any prior knowledge of sailing. It’s the same kind of mentality for building a house,” says
And if you choose to build with an established company then you will have a variety of experts at your fingertips whenever you need them. “There’s no way to become an expert on everything, so having a team with all the answers will save your sanity and help you make more informed decisions,”
Your mortgage broker is the middle person between you and your chosen bank or lender. They will help you assess your finances and organise your pre-approval. They’ll also help you coordinate any necessary documentation and advise you on the best mortgage products for your financial situation.
“One of the biggest benefits of working with a mortgage broker is that they’ll do your ‘rate shopping’ and they have great working relationships with lenders but they are 100 per cent in your court,” says
How to nail flooring and lighting in your forever home
dedicate hours to the spatial planning of our homes, but it’s the finishing touches – such as flooring and lighting – that can turn a house into a welcoming home.
The right kind of lighting and the perfect style of floor covering can turn each room of your home alternately into an ideal entertaining space, a quiet haven, or the perfect place to share relaxing time with the family.
People spend a lot of time planning the layout of their home and deciding how many bedrooms, bathrooms and living areas they need. But it’s just as important to think about the details of how each of those spaces will look and feel
“We want our spaces to feel warm and inviting and we want them to reflect our personal style. Luckily, the choice of special touches to achieve the right look for each of us are endless.”
From the ground up
Quality flooring that combines good looks with durability is an important part of a home. For areas in your new home where you want to create a sense of luxury, carpet is a favourite choice, says. “Carpet has always been a favourite choice for those looking for something a little luxurious underfoot, popular in bedrooms. It’s comfortable, soft and the variety of patterns and colours is limitless,” he says.
A neutral coloured carpet never dates, with shades of grey remaining an eternally popular option. For those who want to add a flourish of their own style, you can always add pops of colour with accessories like cushions and lamps.
Signs it’s time to upsize your home
You might love your current home and the memories it holds, but there comes a time when you just have to move to something bigger.
When you first moved into your home you had plenty of room. But lately you’re feeling a little cramped.
Maybe you’re expecting a new baby, perhaps your children are becoming teenagers, or maybe you’re fed up fighting over the TV and like the idea of having a separate theatre space. Some families are upsizing to accommodate an elderly parent, too. “Planning is the key. Don’t leave it until you are living on top of each other,”
Your family is growing
Your family used to consist of just you and your partner, but baby will soon make three, or four or more. Or perhaps your parents have become frail and are moving in. “We’re seeing more elderly parents living with their children,”
You’re feeling cramped
In no time at all, your toddlers have become teenagers. They used to be happy doubling up in bunks, but now they crave their own space. They need a quiet place to study and to listen to the kind of music that only teenagers can love. Upsizing may also include a multi-purpose room or a theatre room, or a second lounge room where teenagers can retreat to.
Your home feels cluttered
You’ve accumulated a mountain of stuff and even after an intense decluttering session, you still don’t have enough storage.
How much does it cost to build and add a second storey?
For home owners looking to add square meterage, there are only two options: extend the ground floor or “go up”. But how much does a second storey cost?
A second storey extension will normally cost around $1,800 to $15,000 per square metre depending on the “degree of difficulty” of the work required, according to three builders who specialise in extensions and second-storey additions.
Things to look into before building a second storey
Adding a second storey to your home is an exciting venture but before you get started it pays to consider the basics and foundations of your home first
“The easiest rule-of-thumb is that the cost to remove the existing roof covering and framework, plus putting down joists and a new sub-floor, can generally offset the costs involved in building from the ground up: excavation, formwork, concrete costs etc,” he says.
puts the cost of adding a storey at about $2,500 per square metre, “so 100 square metres equals about $250,000, which is around the average size for a second storey addition.” Another $10,000 to $15,000 worth of work needs to be added, though, for lower-ground floor works like stair access and plumbing, he adds
What rooms do you need upstairs?
“Unlike a ground floor extension, a second storey does not normally require any foundations or concrete slab to be poured – this is a big saving,” he says.