To qualify for HomeBuilder, each applicant must:
- retain ownership of the property and occupy it as your principal place of residence for a continuous period of at least six (6) months; and
- commence the above period of occupation immediately on completion of construction, renovation or settlement.
A principal place of residence is considered to be the home you primarily reside in.
Where an applicant was a member of the permanent forces of the Australian Defence Force and the applicant was enrolled on the NSW electoral roll at the date of the eligible HomeBuilder contract, then the applicant is exempt from the residence requirement.
To receive the exemption, you must provide a document issued by the Australian Defence Force clearly showing your name and that you are a member of the permanent forces at the date of the eligible HomeBuilder contract.
An exemption will not be granted if the document is not provided.
What should you do if you cannot meet the above residency requirements?
You must notify Revenue NSW and repay the HomeBuilder Grant within 14 days of the date you become aware you cannot meet the residency requirement.
Revenue NSW may require that applicants provide information to verify that they have met the residence requirement. Applicants should keep appropriate records that can demonstrate to Revenue NSW that the grant address was used as the principal place of residence.
If you have difficulties in meeting the residency requirement, please contact Revenue NSW to discuss your situation.
| Dwelling category||Eligibility condition(s) for HomeBuilder|
||Australian Citizen18 years or olderA natural personBuilder licenced or registered prior to 4 June 2020||A copy of your birth certificate or current Australian passport, or Australian citizenship certificate.Evidence of a change of name (e.g. change of name certificate, statutory declaration) is required if the name on any of the documents presented is different to the name of the applicant.A copy of the builder’s licence or registration showing a licence or registration date prior to 4 June 2020.|
Income caps met:
Below $125,000 for individual, orBelow $200,000 for a couple||Copy of either the 2018-19 or 2019-20 Notice of Assessment issued by the Australian Taxation Office for each applicant, or evidence of nil tax return or non-lodgement advice if not required to lodge a tax return. You should remove or block out your Tax File Number (TFN)|
Property value (house and land) does not exceed $750 000.
||Copy of the Certificate of title for the propertyCopy of the comprehensive home building contract signed between 4 June 2020 and 31 December 2020.Copy of the front and execution pages of the contract for sale of land if less than 12 months from date of your application. If more than 12 months a copy of valuation undertaken by a bank or licenced independent valuer.Evidence showing that foundations have been laid and copies of both invoice/s & receipt/s showing that first progress payment has been made to the builder under the contractCopy of both invoice/s & receipt/s showing that first progress payment has been made to the builder under the contractEvidence of construction commencement (copy of the notice of commencement as required under the Environmental Planning & Assessment Act)If applicable, a statement confirming reasons for the delays in construction commencement with supporting evidence|
||Building contract value is between $150, 000 and $750, 000; andProperty value (house and land) pre-renovation does not exceed $1.5 million.||Copy of the Certificate of title for the propertyCopy of the building contract for substantial renovations signed between |
4 June 2020 and 31 December 2020Copy of valuation from bank or licenced independent valuer to show the value of the property (house and land) within the three months before commencement of renovation;Evidence of construction commencement, including first invoice issued for work carried out under the renovation contract and receipt/s to show that $150,000 has been paid to the builderIf applicable, a statement confirming reasons for the delays in construction commencement with supporting evidence.
Off the plan / new homes
Property value does not exceed $750, 000
||Copy of the Certificate of title for the propertyCopy of the front & execution pages of the sales contract for the purchase of an off the plan home/new home signed between 4 June 2020 and 31 December 2020Evidence of construction commencement (copy of the notice of commencement as required under the Environmental Planning & Assessment Act)If applicable, a statement confirming reasons for the delays in construction commencement with supporting evidence|