Earlier this week the Government announced an extension to the HomeBuilder program to 31 March 2021.

Unveiled on the QLD Government website, changes to the HomeBuilder program include:

  • Reduced $15,000 grant for building contracts (new builds and substantial renovations) signed between 1 January 2021 and 31 March 2021
  • An extended deadline for all applications to be submitted, including those applying for the current $25,000 grant and the new $15,000 grant
  • Applications can now be submitted up until 14 April 2021 – this will apply to all eligible contracts signed on or after 4 June 2020
  • An extension to the construction commencement timeframe from three months to six months for all HomeBuilder applicants
  • An increase to the property price cap for new build contracts in New South Wales ($950,000) and Victoria ($850,000)
  • The existing new build property price cap of $750,000 will continue to apply in all other States and Territories

Other than the above, the existing program criteria applies. The $25,000 grant will still be made available for eligible contracts signed on or before 31 December 2020.

More information here.

Want more? Here's one of our favourite moments from Robin Terry & Bob!