First home buyer grants
You could be eligible for a $10,000 grant and more! Visit the government page for the most up to date information.
The NSW Government has today announced that the threshold above which transfer (stamp) duty is charged on new homes for first home buyers will increase from the current $650,000 to $800,000, with the concession reducing on higher values before phasing out at $1 million.
|HomeBuilder program criteria||Contracts signed between 4 June and 31 December 2020 (inclusive)||Contracts signed between 1 January and 31 March 2021 (inclusive)|
|Grant amount (new builds and substantial renovations)||$25,000||$15,000|
|Construction commencement timeframe||Construction must commence within six months of the contract being signed.|
|New build price cap||Property value cannot exceed $750,000||Property value cannot exceed:
|Substantial renovation price cap||The value of the property cannot exceed $1.5 million (pre renovation).|
|Application deadline||Applications must be submitted to the relevant State Revenue Office by 14 April 2021.|
|Licensing requirements for builders/developers||
|Other eligibility criteria||Existing program eligibility criteria remains.|
Now really IS the best time to buy a new home in Huntlee. We have a wide range of lots sizes to suit everyone.
Plenty of fresh healthy space.
The Hunter Valley on your doorstep.
Brand new town centre emerging with Coles opening later this year.
Excellent connections to Hunter Expressway and beyond.
Get the latest Huntlee news, updates on new land releases, and offers delivered straight to your inbox.
Please enter your details to be kept up to date with all the latest news and updates from LWP.