Well here’s something you may never have considered….New Federal Government initiatives now mean you could be eligible for a $25,000 grant to extend, renovate or improve your current home. If you’re able to meet the eligibility criteria and receive the grant you might want to consider putting the funds to use on a something that adds warmth, value and aesthetic appeal all in one – an Eskimo Radiator heating system.
It has been revealed that the national government will be offering a $25,000 HomeBuilder grant for new home build and renovations. Here’s the fine print –
There is an eligibility criteria for the HomeBuilder scheme, you must:
- Be a natural person ( i.e not a company or trust)
- Be and Australian citizen, aged 18 years or older
- On an income less than $200,000 for couples and $125,00 for individuals
- Spending between $150,000 – $750,000 on a renovation that is for a home that has been valued at less than $1.5million (pre-renovation)
- Be building a new home worth less than $750,000 (including land value).
Importantly, the tax-free grant will apply to all homeowners, not just first home buyers.
All types of dwelling will be eligible under the HomeBuilder scheme. However the grant cannot be used on any additions to the property that are separate to the home, such as a pool, tennis court, outdoor spa and saunas, sheds or garages. So think inside the square! It’s an ideal opportunity to upgrade from an old ducted heating system, or gas wall heater to a clean and efficient hydronic or electric radiator system.
The grant will commence on the 4th of June 2020 and run until the 31 December 2020. The HomeBuilder scheme will aim to compliment the first Home Owners Grant programs, stamp duty concession and other similar grant schemes.
Put the grant towards good use!
Use your time at home to dream about the possibilities of how to put the grant to good use around your home, now’s the time to turn the dream into a reality.
We couldn’t think of a better way of spending that grant then on completely decking out your home’s heating. So, if you are thinking about buying custom-made bespoke radiators for your house, now is the time. Our range of designer radiators will be the focal point of your home.