Now is the perfect time to complete the renovations you have been thinking about for years or build your dream home with the help of a government grant and record low interest rates.
As announced on 4 June 2020, the Australian Federal Government will be giving eligible Australians $25,000 to build or substantially renovate their homes with the aim of increasing demand in the construction industry.
To qualify for the grant, you must earn less than $125,000 as a single or $200,000 as a couple. The renovation or build must also be between $150,000 and $750,000 in value, and the home must not be worth more than $1.5 million before the renovation. The renovation itself cannot be used for additions to the property not related with the main residence.
Only the primary place of residence is covered by the grant, and therefore, cannot be used for investment purposes. A qualified builder with a licence as of 4 June 2020 can conduct the work if the grant is approved from 4 June 2020 until 31 December 2020 with the building to commence within 3 months.
If you have applied or are interested in applying for any packages already announced at a state or territory level, this grant is available in addition to your existing application.
With all of that in mind, now is the time to start the build of your new home or add to your existing residence. A Stratco Outback Patio or Stratco Pavilion with Stratco Made to Measure Outdoor Blinds can be attached to the home as a part of a wider renovation and would be covered by the grant, offering an opportunity to create your dream outdoor area. Your patio will be custom designed and made to suit your exact requirements with great flexibility. Enjoy outdoor living with a wide range of solutions offering attractive and high-quality designs.
Stratco also offer a great range of garage and COLORBOND® steel roofing & walling products for your renovation project.
Complete the form below for a free quote or give us a call on 1300 165 165 for more information.