Additional State Building and Construction Grants
20K Building Bonus Grant
Mark McGowan has just announced!
If you have been thinking about building - now is the time to get it underway and support local jobs.
To help get new homes under construction, we're introducing $20,000 Building Bonus grants for any Western Australia to build a new house or purchase a property in a single-tier development already under construction.
The grants will be available until the end of the year, and will not be means tested and have no cap on property value.
They will be on top of the Federal Government's HomeBuilder Grants, as well as WA’s First Home Owner Grants and first home buyer duty concession, meaning someone who qualifies for all four could access up to $69,440 in Government assistance to help build their first home.
Simply put, these grants are about getting as many new projects off the ground as possible, and keeping as many WA jobs intact as we can.
We're also making some changes to the 75% stamp duty rebate we introduced for new multi-tier developments last year.
The rebate, which is capped at $25,000, will now also apply to purchases in multi-tiered developments already under construction, in addition to pre-construction contracts.