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The 2020 Australian Home Builder Grant: Upgrading your Renovation or New Home Build

The Australian Government’s HomeBuilder scheme offers a $25,000 grant to eligible homeowners working on a new home build or a large-scale renovation of their existing home. Among other grants that have been designed to stimulate our economy during this difficult time, the HomeBuilder grant will assist Australians to maintain their small construction based businesses while also providing an attractive incentive to homeowners who can choose to spend the funds as they wish in their upcoming construction project, including for large scale home renovations as well as new home builds. 

In order to be eligible for the HomeBuilder grant, there are several key criteria that need to be met. These include:

  • The Homeowner must be an Australian citizen aged 18 years or older
  • An individual applying for the grant must have an income below $125,000. Couples must have a combined income of less than $200,000
  • In the case of substantial home renovations, the Building Contract value must fall between $150,000 and $750,000 and the property value (inclusive of house and land) must not exceed $1.5 million pre-renovation
  • If you are building a new home, the property value (including both house and land) must not exceed $750,000

There are also certain additional guidelines that will need to be met with regards to your selected Contractor, the commencement date of your project as well as rules regarding the length of time the Homeowner must occupy the property after the project is complete. You will find more detailed information regarding the above criteria as well as a list of acceptable supporting documentation here.

This $25,000 sum provides the perfect solution for those wanting to upgrade their project’s specifications to include items that were previously out of the budget. From bathroom tiles to upscale bathroom fittings such as freestanding tubs and matching accessories, this grant can certainly go a long way in upgrading the quality of your construction project and helping you to truly create the home of your dreams. 

Arabian handmade tilesHandmade tiles in the home create a delightfully rustic and tactile surface finish in the home, offering a luxurious and characteristic aesthetic in a design. Your new home build or renovation can include a selection of handmade tiles, such as our Arabian collection as a kitchen splashback, bathroom wall finish, or even as a feature wall in the living or dining area to create the ultimate wow factor!

There are many decisions that need to be made throughout the process of designing your new home or renovation, from creating the ideal layout to specifying all the particular fittings and finishes from kitchen appliances, benchtops and cabinetry, to flooring options, bathroom details and of course, tiling. 

In our recent discussion of the differences between ceramic and porcelain tiles for example, we highlighted the key cost variations between the two options: Porcelain tiles will generally attract a higher purchase price and labour cost due to their increased density and weight. If you’ve been on the fence deciding between porcelain tiles versus ceramic tile options but cost has been a factor in your decision, this boost to your project’s budget will certainly help make the choice much simpler! 

porcelain tilesOur Aggregato collection is made of  porcelain and can be used as a wall or floor finish. Porcelain tiled flooring can be carried throughout the entire home, with many collections also featuring a matching outdoor option to allow further continuity in your project, making tiled flooring an excellent choice of upgrade in your new home build or renovation project.

Kitchen renovations can too benefit from this scheme, where choices of finishes can be quite pricey, often leading to necessary compromises in order to maintain a healthy project budget. A new kitchen benchtop for example, can cost anywhere from a few hundred dollars for a laminate top to several thousand dollars for an opulent natural stone benchtop, making your choice in finishes and materials crucial in terms of planning and budgeting. 

Kitchen tiles used as a floor finish or splashback can also vary immensely in cost, once again impacting your final budget and plans for the overall look and feel of the space. This welcome injection to your renovation or new build budget will allow you more freedom in your design choices such as upgrading your kitchen benchtop or cabinetry finishes, to upgrading your splashback choice to use luscious mosaic tiles for a more decorative and unique style for example, or even providing you with the choice of more technologically savvy appliances.