Home Builder $25k Renovation Grant
What You Need to Know - AND - How to get your Renovation started, with Perth's leading home renovation specialist
To access HomeBuilder, you must be an owner-occupier and meet the following eligibility criteria:
• you are a natural person (not a company or trust);
• aged 18 years or older;
• an Australian citizen;
• you meet one of the following two income caps:
(1) $125,000 per annum for an individual applicant based on your 2018-19 tax return or later; or
(2) $200,000 per annum for a couple based on both 2018-19 tax returns or later;
According to the federal government guideline, you must enter into a building contract between 4 June 2020 and 31 December 2020.
You must be substantially renovating your existing home as a principal place of residence, where the renovation contract is between $150,000 and $750,000, and where the value of your existing
property does not exceed $1.5 million; The homeowner must have a signed contract with a Registered Builder and construction must commence within three months of the contract date.
Owner-Builders are not eligible. Investment properties are not eligible, it must be your principal place of residence.
When the States and Territories begin accepting HomeBuilder applications, they will backdate acceptance of these applications to 4 June 2020*. Therefore homeowners that sign a building contracts between now until the end date of the stimulus of 31st December 2020 are eligible to apply.
Further information on when and how you will be able to access HomeBuilder will become available through the relevant State or Territory revenue office. At the time of publishing this information has not yet been made available. However, as already mentioned, it will be backdated so now is the time to get moving and start planning your project.
The homeowner applies for the grant once they have signed a building contract with a registered builder. The grant (if you are deemed eligible) is paid directly to the homeowner. The homeowner pays the builder for claims during the project as per usual. The builder does not access the grant at any time.
*This information has been sourced from the Australian Treasury government website and was correct at time of publishing. Please check the source before making any financial decisions to check the facts and to ensure that none of the terms and conditions have changed.
A renovation project that is $150,000 or more requires some planning. Depending on what you want to do, you will normally need a designer to create some drawings. At Amerex, we provide a complete end-to-end service and can manage your project all the way thru from planning and design, making selections with the assistance of our interior designer, managing an efficient and quality-focused construction stage (with our trusted and reference checked trades), thru to delivery. All this is followed up with our Extended 12 Month Maintenance Guarantee (many builders only offer 4 months).
The initial design and planning can take as little as 2 weeks and sometimes up to 4 weeks. That depends a little on how decisive you are and how many times the design is changed!
Outlined below are typical starting prices for home renovations and home extensions with Amerex.
These will give you a great idea of what you can achieve with how much you have to spend.
Once you have taken a look at these, please get in touch to discuss what type of renovation project you would like to start planning for your home!
Recommended Popular Designs and fully Customised Designs available to perfectly suit your home
Add on a spacious new Kitchen, Dining, Living area to the rear of your home and enjoy the extra living space
Any of the following can be added to your project and are priced depending on your requirements.
External home makeover – reroof, painting, rendering
Fencing – Limestone/brick, sliding car gates, white picket fences
Landscape design and installation with complete project management
Carport/garage with remote controlled garage door installation
Pool removal – OR – Pool Installation! We can organise the engineering for retaining walls.
Decking and outdoor living solutions such as alfresco areas, outdoor kitchens, cabanas and pavillions
Plus more – just ask! We have over 25 years of renovation experience across every aspect of homes. If we can’t do it, then noone can!
*Conditions apply and all prices shown are indicative only. Final price is subject to individual variables for each home and homeowner, including (but not limited to) site conditions, condition of existing home, standard of fixtures and fittings, size of project, etc…
A member of the Amerex team will arrange a time to discuss your
renovation and additions project and assess what stage you are at in the building process.
PO Box 328, North Perth WA 6906
ABN: 67 009 252 680 Builders Registration: 10250