Heard of the recent government grants to build a new house? Not sure what decision to make?
About this EventThanks to the recently announced $25,000 Federal Government HomeBuilder Grant*, along with the $20,000 WA Government Building Bonus** it's now even easier for those looking to build a new home to get onto the property ladder. In addition, the existing $10,000 WA First Home Owner Grant*** and eligible purchasers could receive up to $55,000 in government grants, helping young families, first home buyers, upgraders and downsizers realise their goal of home ownership sooner.
What are the various grants available?
$25,000 Federal HomeBuilder Grant
A $25,000* grant to eligible owner-occupiers (including first home buyers) to build a new home or substantially renovate an existing home. The Federal HomeBuilder Grant can be used simultaneously with the $20,000 WA Builder Bonus Grant and $10,000 WA First Home Grant for eligible buyers.
$20,000 WA Building Bonus
A grant of $20,000** for eligible applicants who enter into a contract to build a new home on vacant land, or enter into an off-the-plan contract to purchase a new home as part of a single-tier strata scheme. The $20,000 WA Building Bonus Grant can be used simultaneously with the $10,000 WA First Home Owners Grant and the $25,000 Federal HomeBuilder Grant for eligible buyers.
$10,000 WA First Home Owner Grant
A one-off payment of up to $10,000*** to encourage and assist first home buyers to buy or build a residential property for use as their principal place of residence. You may be eligible for the First Home Owner Grant (FHOG) If you are buying or building your first new home.
WA FHOG Duty Concession
If you receive the First Home Owner Grant, or would be eligible except that you are purchasing an established home, you may be eligible for the concessional first home owner rate of duty****.
⭐The Perth Asian Property Insights: Grant Opportunities event will provide you the opportunity to seek answers to your questions in relation to the government grants.
Join us for evening of presentations, live Q&A and networking with industry experts and professionals to help you make the right investment decision.
⭐Oh, and did we mention that this event is FREE?
⭐Spots are strictly limited! To avoid disappointment, reserve your spot now and don't miss an once in a lifetime opportunity to home ownership!
⭐Event details:
Dress code: Smart casual.
Registrations: 6:00pm
Event Start: 6:30pm
Finish: 8:30pm
Substantial canapé and beverages will be served.
RSVP is essential to comply with health measures.
⭐All attendees will have the chance to win from a pool of exciting door prizes valued around $1000 up for grabs!
* Not a Perth Asian Professionals promotion. Eligibility and other restrictions apply. Visit https://treasury.gov.au/coronavirus/homebuilder for further information.
**Not a Perth Asian Professionals. Eligibility and other restrictions apply. Visit https://www.wa.gov.au/service/community-services/grants-and-subsidies/apply-new-home-construction-grant for further information.
***Not a Perth Asian Professionals. Eligibility and other restrictions apply. Visit https://www.wa.gov.au/government/publications/fhog-fs for further information.
**** Not a Perth Asian Professionals. Eligibility and other restrictions apply. Visit https://www.wa.gov.au/government/publications/first-home-owner-duty-fs for further information.