HomeBuilder Grant Eligibility


Eligible owner occupiers can obtain a $25k grant (on top of the existing First Home Owner Grant) to:

  • Build a new home.
  • Substantially renovate an existing home.
  • 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 and where construction commenced on or after 4 June 2020.


Eligibility Criteria:

  • Individual applicants or couples who are, or will be, registered as the owner on the certificate of title must be: (1) A natural person (not a company or trust);  (2) Aged 18 years or older at the date of the contract, and (3) An Australian citizen at the date of application.
  • A couple is considered as two people that are legally married, in a registered domestic relationship, or living as a couple on a genuine domestic basis, excluding people related to each other, e.g. siblings.
  • For contracts to build, you must be registered on title as owner of the land by no later than the laying of foundations and the first progress payment is made.
  • For substantial renovations, you must be registered on the title as owner of the property at the time that you enter into the contract for renovation works.
  • For off-the-plan/new homes, you must be registered on the title as owner of the property when the building is completed and you are entitled to take possession of the home.
  • Income cap for an individual applicant: $125,000 per annum for an individual based on either your 2018-2019 or 2019-2020 taxable income, as shown on your notice of assessment issued by the Australian Taxation Office.
  • Income cap for a couple: $200,000 per annum for a couple based on either your combined 2018-2019 or 2019-2020 taxable income, as shown on your notices of assessment issued by the Australian Taxation Office.
  • Applicants must not have previously received the Homebuilder Grant for any property owned individually or jointly with another person.
  • Each applicant must live in the home as their principal place of residence for a continuous period of at least 6 months immediately on completion of constructions, renovation or settlement.
  • Investment properties are excluded from the Homebuilder program.


Contract Eligibility:

  • Signed between 4 June 2020 and 31 December 2020 (inclusive).
  • Construction must commence within six months of the contract date (original three months plus three additional months in light of Stage 4 restrictions).
  • Construction must not have commenced before 4 June 2020.
  • Contracts must be lodged to the online portal no later than 31 December 2020 here.
  • For a comprehensive home building contract to build a new home, the property value (house and land) should not exceed $750,000 (inclusive of GST).
  • For a contract with a registered builder to substantially renovate, the contract price should be between $150,000 and $750,000 (inclusive of GST) and your existing value of the house and land does not exceed $1.5 million. If you demolish your home to rebuild, or your home was destroyed during the 2019-2020 Victorian bushfires, these will be treated as a substantial renovation, subject to the same values.
  • For a contract to purchase an off-the-plan home/new home, the contract price should not exceed $750,000 (inclusive of GST).


Other Contract Eligibility Criteria:

  • All construction must be undertaken by a registered or licensed building service contractor who is named as a builder on the building licence or permit (prior to 4 June 2020). This will be need to be provided as supporting documentation when submitting an application.
  • Contracts involving owner-builders are not eligible for Homebuilder grant. An owner-builder is a person who is registered or licensed builder and who takes legal responsibility for domestic building work carried out on their own land/property.
  • For contract purchases of an off-the-plan home/new home, construction can have commenced prior to the date of the sales contract, but not before 4 June 2020. You must be registered on the certificate of title as the owner of the property by no later than 31 October 2022.
  • If you have entered into a contract on or after 4 June 2020 that replaces a contract made prior 4 June 2020 to build the same or substantially similar home, you may not be eligible to receive the Homebuilder Grant.
  • For substantial renovations, renovations should involve improving the accessibility, safety or liveability of the property. The following renovations are not included: stand-alone granny flats, swimming pools, tennis courts, and structures not connected to the building (outdoor spas, saunas, sheds or stand-alone garages). Renovations that are primarily cosmetic in purpose such as landscaping, painting or re-carpeting are also not included.


More information can be found here.




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