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Icthys99
40 Posts
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Icthys99
40 Posts
Junior Member

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Icthys99

Joined 28 February 2018
Junior Member
5 years5 yearsTorquaySurferTorquaySurfer posted:
Government $40-50k stimulus rebate on new builds

Put up a tiny home, then 'renovate' to qualify :D

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5 years5 yearsSparkyfSparkyf posted:
Government $40-50k stimulus rebate on new builds

So how do they work that if you already own the land? It's not a stimulus for builders for the land value to be included, they only build houses!

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5 years5 yearsTorquaySurferTorquaySurfer posted:
Government $40-50k stimulus rebate on new builds

I'm interpreting the article you stated as construction + land < 750k for new home builds. This seems consistent with other articles from ABC/the age etc. I guess will have…

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5 years5 yearsNorfolkNorfolk posted:
Government $40-50k stimulus rebate on new builds

$750k limit applies for construction, either renovation or new build excluding land value. The intent is to support residential construction industry employment.

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