Construction & Housing
WA homebuyers to receive $20,000 grants for new builds as Government steps in to help industry
June 16, 2020
The Western Australian Government has announced a $125 million stimulus package for the state’s home building sector, which provides cash grants to prospective homebuyers. The “Building Bonus” scheme allows WA owner-occupiers and investors, to avail of a $20,000 grant for building new houses. Those who purchase property in a single-storey development which is already under construction, may also apply for the grant. The WA grant can offer new homebuyers who meet income criteria for the federal package around $45,000 in government assistance and could rise to $69,440 if the buyer is a first home owner and is eligible for the …
