Renovations & Extensions
The Federal Government recently announced measures to give $25,000 grants to substantially renovate and extend existing homes. If you are eligible, it applies to renovations and extensions between now and the end of 2020.
So don’t put off your renovation or extension any longer. Create that outdoor living area you have been dreaming of.
Eligibility for the HomeBuilder Grant
To access the HomeBuilder Grant, you must meet the following eligibility criteria:
- be a person (ie not a company or trust),
- you are aged 18 years or older, and
- you are an Australian citizen
Your income levels must not be higher than:
- for singles – up to $125,000
- for couples -up to $200,000
What does the $25,000 HomeBuilder Grant cover?
The $25,000 HomeBuilder Grant applies when you substantially renovate your existing home as your principal place of residence. All renovations must be completed by a registered or licenced builder.
The amount of the renovation must be between $150,000 and $750,000. As well, the value of your existing home cannot exceed $1.5 million.
Some types of renovations and extensions are specifically excluded. This includes tennis courts, swimming pools, outdoor spas and saunas, as well sheds or garages (unconnected to the property).
All Decked Out has over 20 years of experience in the building industry. Luke who owns and operates All Decked Out is a Registered Builder who specialises in creating stunning outdoor rooms (including alfresco kitchens).