RENOVATION GRANTS

Renovation Grants

The Federal Government is offering $25,000 grants to eligible Homeowners who renovate their homes before the end of 2020.

The program is a $668 million package designed to reward homeowners who are looking to make improvements including bathroom renovations, kitchen renovations, laundry renovations or complete home renovations.

Known as HomeBuilder, HomeBuilder is a time-limited, tax-free grant program to help the residential renovation and construction market to get through the Coronavirus pandemic.

HomeBuilder will provide eligible owner-occupiers (including first home buyers) with a grant of $25,000 to substantially renovate an existing home.

To access HomeBuilder, owner/occupier applicants must:

be a natural person (not a company or trust);
be aged 18 years or older on the contract date;
be an Australian citizen;
be below one of the following two income caps: $125,000 per annum for an individual applicant based on their 2018-19 taxable income or later; or $200,000 per annum for a couple based on their combined 2018-19 taxable income or later.
enter into a contract from 4 June 2020 up to 31 December 2020 to substantially renovate an existing home as a principal place of residence, where the renovation contract is greater than $150,000 and does not exceed $750,000, and where the value of the existing property (i.e. house and land, before renovation) does not exceed $1.5 million.

You can register to receive updates when more information is available on the Treasury Coronavirus website: https://treasury.gov.au/coronavirus/homebuilder

With more than 30 years of renovation experience under our belts, MW Homes specialise in creating custom made bathroom, kitchen, laundry and complete home renovations from concept to completion.

Our enviable reputation has been built over a long time, with many beautiful renovations gracing homes all over Melbourne. Our loyal staff is a testimony of our commitment to quality renovations.