On 29 November 2020, the Australian Government announced an extension to the HomeBuilder program to 31 March 2021, with a number of changes to the grant amount and criteria. For more information visit the Australian Government’s HomeBuilder web page.
The information below, which relates to applications where a contract is signed between 4 June 2020 and 31 December 2020 (inclusive), will be updated once the Australian Government provides more detailed information about the changes announced on 29 November.
Contracts signed between 4 June 2020 and 31 December 2020
On 4 June 2020, the Australian 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 where the contract is signed between 4 June 2020 and 31 December 2020 (inclusive) and construction commences within three months of the contract date.
Three month extension for construction commencement in Victoria
In light of the introduction of Stage 4 restrictions in metropolitan Melbourne (effective from 2 August 2020) and Stage 3 restrictions in regional Victoria (effective from 5 August 2020), the Commissioner of State Revenue will exercise discretion under the National Partnership Agreement to provide a blanket extension of 3 months to the construction commencement requirement for the HomeBuilder Grant. This means that all applicants for the HomeBuilder Grant in Victoria have 6 months from the signing of the eligible HomeBuilder contract, to commence construction. The Commissioner does not have discretion to grant any extensions beyond this additional 3 month extension.
The Australian Government HomeBuilder Grant is subject to the provisions of the National Partnership Agreement between the Victorian Government and Australian Government. The Australian Government has more information, including a fact sheet with case study examples and answers to frequently asked questions, on its HomeBuilder webpage.
HomeBuilder complements the existing First Home Owner Grant that is available in Victoria when you buy or build your first new home.
HomeBuilder applications must be lodged via the online portal, and must be received by no later than 31 December 2020.
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Read the HomeBuilder Grant guidelines
Before lodging your application via the online portal, it is important to confirm that you meet all the eligibility criteria and gather all the documents you will need to upload with your application.
In addition to reading the guidelines, you can use our decision tool, which provides general guidance, to help you determine your eligibility for the HomeBuilder Grant.
Lodge your application
You can lodge your application in a multi-step process with the initial lodgement being after an eligible HomeBuilder contract has been entered into.
Once construction has commenced and the payment eligibility requirement milestones have been met, any additional supporting documentation must be lodged via the online portal.
Once you have lodged your complete application, we will process it and advise you of the outcome within 15 business days.
The grant will be paid into your nominated account, generally within 5 days of notifying you that your application was successful.