{"id":33787,"date":"2020-07-30T00:10:45","date_gmt":"2020-07-29T14:10:45","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/geelongtimes\/?p=33787"},"modified":"2020-07-30T08:52:15","modified_gmt":"2020-07-29T22:52:15","slug":"homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\/","title":{"rendered":"HomeBuilder grant assisting investors to get a foot in the door"},"content":{"rendered":"<p><em>WITH PROPERTY OWNERS<\/em><\/p>\n<h3>The HomeBuilder grant, recently introduced as part of the federal government\u2019s economic response to COVID-19, is an initiative aimed to stimulate our residential construction industry during this challenging time.<\/h3>\n<p>Whilst designed to support one of our biggest industries, the grant is certainly a positive for eligible individuals as well, as they may receive up to $25,000 to assist in building or renovating a property. Furthermore, this grant does not impact the recipient\u2019s eligibility for other grants, such as first home buyers (hooray!).<\/p>\n<p>So, naturally we have been inundated with questions surrounding the grant and the possibility of using it to get a foot in the door as an investor or using it to renovate an existing investment property. So, we have formulated a little snapshot of the situation below.<\/p>\n<p>The grant is not intended for investment properties &#8211; true. However, if you meet all other eligibility requirements (head to <a href=\"http:\/\/treasury.gov.au\/coronavirus\/homebuilder\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">treasury.gov.au\/coronavirus\/homebuilder<\/a> to check your eligibility) and you have some flexibility in your living arrangement, then there are ways to make the most of this grant.<\/p>\n<p>The grant is intended for one\u2019s &#8220;principal place of residency&#8221;, basically meaning that if you were planning to move into the property for a period of at least six months at the conclusion of the build or renovation, then this grant may be available to you.<\/p>\n<p>Down the track you could then potentially choose to lease the property out and enjoy the tax benefits of an investment property. Taking advantage of this grant may enable you to enter the property market earlier than you anticipated.<\/p>\n<p>If you\u2019d like to have a chat about your options in relation to this initiative, feel free to give us a call at Property Owners and we can help to guide you through the process. Phone 5223 1657 or head to <a href=\"http:\/\/propertyowners.com.au\/contact\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">propertyowners.com.au<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>WITH PROPERTY OWNERS The HomeBuilder grant, recently introduced as part of the federal government\u2019s economic response to COVID-19, is an initiative aimed to stimulate our residential construction industry during this challenging time. Whilst designed to support one of our biggest industries, the grant is certainly a positive for eligible individuals as well, as they may [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":149,"featured_media":33788,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-33787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>HomeBuilder grant assisting investors to get a foot in the door - Geelong Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HomeBuilder grant assisting investors to get a foot in the door - Geelong Times\" \/>\n<meta property=\"og:description\" content=\"WITH PROPERTY OWNERS The HomeBuilder grant, recently introduced as part of the federal government\u2019s economic response to COVID-19, is an initiative aimed to stimulate our residential construction industry during this challenging time. Whilst designed to support one of our biggest industries, the grant is certainly a positive for eligible individuals as well, as they may [...]Read More...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/real-estate\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\/\" \/>\n<meta property=\"og:site_name\" content=\"Geelong Times\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-29T14:10:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-29T22:52:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/timesnewsgroup.com.au\/geelongtimes\/wp-content\/uploads\/sites\/21\/2020\/07\/Untitled-design-21-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Guest Contributor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Guest Contributor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\\\/\"},\"author\":{\"name\":\"Guest Contributor\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/#\\\/schema\\\/person\\\/1a21243f5aec06a5bb8c264a9774e6ef\"},\"headline\":\"HomeBuilder grant assisting investors to get a foot in the door\",\"datePublished\":\"2020-07-29T14:10:45+00:00\",\"dateModified\":\"2020-07-29T22:52:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\\\/\"},\"wordCount\":322,\"publisher\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/static.timesnewsgroup.com.au\\\/prod\\\/uploads\\\/sites\\\/21\\\/2020\\\/07\\\/Untitled-design-21-1.png\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"en-AU\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\\\/\",\"url\":\"https:\\\/\\\/timesnewsgroup.com.au\\\/geelongtimes\\\/real-estate\\\/homebuilder-grant-assisting-investors-to-get-a-foot-in-the-door\\\/\",\"name\":\"HomeBuilder grant assisting investors to get a foot in the door - 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