POSTED June 4, 2020
It’s good news for home buyers following the Federal Government’s announcement of a $688 million HomeBuilder stimulus package, which will prioritise new home builds and major construction activity through financial assistance.
The housing cash grants of $25,000 deliver a much-needed boost to Australia’s construction industry.
House and land packages in Sekisui House’s Ecco Ripley community are eligible for the cash grants, with the stimulus package applicable to all new home buyers. In a further boost for first home buyers, the HomeBuilder grant compliments the existing Queensland First Home Owner Grant which means first home buyers can access $40,000 in grants.
Sekisui House Queensland State Sales Manager Scott Blaney said the HomeBuilder stimulus package provides an excellent opportunity for buyers to enter the property market, in one of Ripley’s most sought-after communities.
“This decision by the Federal Government will open the door to those who probably thought they would never be in a position to buy and build their own home, whether it’s for their first home or second home,” Mr Blaney said.
“It’s a further win for First Home Buyers who can access $40,000 in grants. Along with stamp duty concessions and access to the First Home Loan Deposit Scheme and First Home Super Saver Scheme, this really is a great opportunity for First Home Buyers to enter the market.
“Ecco Ripley offers a number of registered land lots sized from 300sqm to 513sqm and priced from $165,000 to $257,000, allowing buyers to buy today and build their dream home tomorrow.
“We have a selection of house and land packages already available from $355,000 allowing buyers simply choose their lot and start building with a builder of their choice,” he said.
Ecco Ripley homes are closely connected to award-winning Pebbles Park and Faye Carr Park, as well as the new Spear Lily Park that boasts panoramic views of the stunning Flinders peak and surrounding ranges. They provide approximately 10 hectares of fun-filled parklands and green open space, with homes located no more than 200 metres away, encouraging residents and visitors to be physically active, and to improve community cohesion and social wellbeing.
Ecco Ripley forms part of Sekisui House’s $2 billion masterplanned community and investment in Queensland’s booming western growth corridor, with convenience and unrivalled access to Ripley Town Centre, and located approximately 40 kilometres from Brisbane CBD.
For more information about Ecco Ripley’s Federal Government grant eligible house and land packages, visit www.eccoripley.com.au.
Download the Australian Government HomeBuilder Frequently asked questions fact sheet here