Apply for a new home construction grant in WA

Buying My First HomeFinance HelpInvesting In Property
June 8, 2020

Building Bonus Package grants are available for people who enter into a contract to build a new home on vacant land or purchase a new home being constructed under a single-tier strata plan.

Two grants are available to promote investment in the WA residential market and stimulate jobs in the construction industry.

A grant of $20,000 is available for eligible applicants who

  • enter into a contract to build a new home on vacant land or
  • enter into an off-the-plan contract to purchase a new home as part of a single-tier strata scheme.

The contract must be entered into between 4 June 2020 and 31 December 2020.

If you receive one of these grants, you may still be eligible to receive the first home owner grant.

There is no cap on the purchase price or value of the contract.

Multiple grants can be paid to the same applicant on separate transactions that meet the criteria for each grant.

Any advice contained in this article is of a general nature only and does not take into account the objectives, financial situation or needs of any particular person. Therefore, before making any decision, you should consider the appropriateness of the advice with regard to those matters. Information in this article is correct as of the date of publication and is subject to change.