An update on the $15K HomeBuilder Grant for buyers

The HomeBuilder program offers a $15,000 grant to eligible owner-occupiers, looking to purchase a brand new home or apartment. 

 

Effective immediately, the grant is available to both first home buyers and subsequent home buyers. 

 

In South Australia, first home buyers are able to receive the $15,000 First Home Owner’s Grant, which will now complement the HomeBuilder grant, jackpotting to $30,000 worth of stimulus for eligible first home buyers. 

 

 

The HomeBuilder grant opens the door to upgraders and downsizers, as previously, state government stimulus has only been available to first home buyers. 

 

The HomeBuilder grant applies to properties with a total value of up to $750,000. 

 

Ouwens Casserly Real Estate Managing Director, Nathan Casserly, highlighted the key benefits of the new stimulus package, particularly for the new-build property market in South Australia. 

 

“With downsizers, upgraders, young families and first home buyers all able to apply for the grant, it means more people will be buying and selling real estate in our state. Perhaps even more relevant, the ability to combine the HomeBuilder grant with the existing First Home Owner’s grant makes home ownership much more attainable for first home buyers aiming to get their foot on the property ladder.” 

If you have been in the market or have just entered now is the time to take advantage of the scheme. 

 

Ouwens Casserly Real Estate have many offerings that fit the criteria as a renovator or land to build your new home.

View our land opportunities here, or visit our projects page to take advantage of a new build!