The WA State Government has announced its $20k Building Bonus Grant. For a limited time, the state government is offering $20,000 to people who are building a new house or buying off the plan in Western Australia in 2020.
What does this mean for you? It means that if you purchase one of our properties for sale at “82 on Arkwell” in Willagee before construction is complete, the state government issue you with a whopping $20k bonus after settlement.
Here are a few more details about the grant:
- A grant of $20,000 will be paid to eligible applicants who enter into an off-the-plan contract to purchase a new home in a single-tier development on a strata plan or other land survey type before development is completed.
- This grant does not stop you from applying for other government grants such as the FHOG.
- Apply for the grant once construction has been completed and you are the registered owner of the property.
- Please see this link for more details https://www.wa.gov.au/service/community-services/grants-and-subsidies/apply-new-home-construction-grant.
If you would like any further assistance in regard to the $20k Government Building Bonus, please let us know and we will put you in touch with one of our mortgage broker partners.