What is the new Building Bonus scheme and who is eligible?
Under the "Building Bonus" scheme, WA homebuyers, both owner-occupiers and investors, who build a new house could be eligible for a $20,000 grant.
Eligible applicants include those who enter into a contract to build a new home on vacant land OR who enter into an off-the-plan contract to purchase a new home as part of a single-tier development on a strata plan OR other land survey type. To find out further details visit wa.gov.au website for the most up to date information.
The scheme is not means-tested and there is no property value cap
You’ll need to act fast! It’s for contracts entered into between 4 June 2020 up until the end of the year
Potential to bundle up this $20k with the other Government grants
It’s for owner occupiers and investors - and some good news for those interstate, you don’t need to be living in WA to access the grant!