BURBANK BLOG

A few home truths about building a home and all that surrounds it.

A message from our Managing Director

04/06/2020


The new $25K cash grant and how we’re here to help

Today's announcement about the Federal Government's HomeBuilder Grant is welcome news for people thinking about taking the first step towards building a new home.

At Burbank, we have been building homes for over 35 years, and we've never seen anything like the past two months. No one has! The COVID-19 crisis changed the world and every part of our daily lives. It has been incredibly difficult seeing customers who were so excited to start building their dream home have to put those plans on hold. We hope this stimulus package gives people a helping hand so they can continue with their build and creates an opportunity for others to start the exciting journey of building a home.

The grant will be available for singles who earn up to $125,000 and couples with a combined income of up to $200,000.

For all people wanting to build a new home, the grant is $25,000, as long as the value of house and land doesn't exceed $750,000 and this is on top of all existing State and Territory First Home Owner Grant Programs and stamp duty concessions. So, if you are eligible, it's a real boost.

We know navigating grants and schemes can feel overwhelming. We deal with it every day, and we're here to help you in any way you need. Whether that's working out if you're eligible or helping you with paperwork, your sales consultant will take the worry and stress out of applying for grants, so you can enjoy your home building experience!

We hope today's announcement brings our customers much needed certainty. A grant for home builders is something we have been advocating for, so we see this as a real win for all our valued customers.

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We have house and land packages available now across the country, so you won’t miss out. We will be working to streamline and fast track the building process to make sure everyone who can, takes advantage of this opportunity. There’s no time to waste, with building needing to start in three months of signing your contract to meet the criteria. We can keep you moving, with titled land available now.

Today marks a new beginning for those hoping to resume their plans or take the leap into building their dream home, and we can’t wait to be there alongside you