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Kinbrook Testimonial Here's Why You Should Consider Townhome Living Kinbrook Spring Newsletter English Street and Donnybrook Road Roadworks Update First home owner finds the perfect fit Our sales office is now open by appointment only. Winter Newsletter June 2020 $25,000 Stimulus Packages to be Available with New Home Builds Vikki Anderson Staying on Track in a COVID-19 Climate Autumn Newsletter March 2020 Why Kinbrook? Summer Newsletter December 2019 You heard it here first - Santa Claus is coming to town! New park officially opened at Kinbrook First Home Buyer Grants and Offers Can Make the Difference Spring Newsletter October 2019 Time to Explore Townhome Living at Kinbrook Winter Newsletter July 2019 Construction has commenced at Donnybrook Station! Streamline Your Move to Donnybrook: 6 Tips For a Stress-less Moving Day First Time Buyers Embrace Opportunity at Kinbrook Kinbrook Park Comes to Life - From Start to Finish What happens on Settlement Day? Welcome to the first edition of our community newsletter. The Moremac Edge First residents moving into Kinbrook! Saving Tips for First Home Buyers Make That Commute Accountable Kinbrook park design revealed Train Station Upgrades For Donnybrook And Wallan Kinbrook Stage 1 titles received Optical Fibre now ready at Kinbrook Stage One Progress Update Sell Out Success - Weymouth Release 1 Construction Progressing at Kinbrook Sell Out Success - Somerton Release Doors open to entry buyers About the Developer

$25,000 Stimulus Packages to be Available with New Home Builds

It is welcome news that the Australian government has announced a building stimulus package that offers a $25,000 cash grant to prospective new home builds at projects such as..... Kinbrook
.

This new incentive aims to provide a boost to the new home industry in light of the recent economic downturn due to the COVID19 crisis, with specific details regarding applicant eligibility including:

  • A grant of $25,000 to eligible owner-occupiers (not just first home buyers) to build a new home where the contract is entered into between today and December 31, 2020.
  • Construction of a new home must be contracted to commence within three months of the contract date.
  • Income thresholds - consistent with the First Home Buyers Deposit Gap Scheme (FHBDGS) - of $125,000 for singles, or $200,000 for couples.
  • A threshold of $750,000 for the value of the new home (including land) - again consistent with the FHBDGS.
  • Revenue offices at the state and territory level to administer the scheme.

This is an exciting development for the new home industry and will help get people into their new homes quicker and easier than ever before.


Kinbrook has titled land and house and land packages now available at prices below the $750,000 eligibility limit.

To learn more and to find out if you're eligible, head to:
https://treasury.gov.au/coronavirus/homebuilder

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