Did you know? You can use your $20,000 First-Home buyers grant building a granny flat in Queensland. But hurry up, because deadline for the full government grant amount is 30 June 2017.
“This is a great time to build in Queensland with affordable housing on offer and the Palaszczuk government’s First Home Owners Grant will make it even easier to enter the property market,” Curtis Pitt said at Queensland Media Club luncheon. (source: Brisbane Times)
It is a great opportunity for a young family building a granny flat in their parents’ or relative’s backyard or on land. It can be quite a substantial financial support considering the cost to build and fully furnish a 1 or 2 bedroom granny flat is around $100,000-$150,000. For example, to build a healthy-to-live in Scandinavian tiny home Cyprus made of sustainable FSC timber packed with European quality inclusions such as German profile double glazed windows and doors can cost you as little as $95,000 [for a full list of premium inclusions visit our granny flats page and click on a building design of your choice]. Scandinavian design and engineering kit homes are top quality and yet cost efficient due to savings on men labor hours. Building precisely cut to size YZY kit homes is a very fast and hassle free process. See the building process of this beauty in the article “New Granny Flat For Christmas In Queensland”
Sources of information used in this article:
Queensland Budget 2016: New Home Owners grant for one year: http://www.brisbanetimes.com.au/queensland/queensland-budget-2016-new-home-owners-grant-for-one-year-20160609-gpfc0l.html
Information in this article is a general in nature and does not take into account your personal circumstances, is not a substitute for professional advice. You must not rely on the information in this article as an alternative to legal advice. Please consult with a professional regarding your eligibility for a first home buyers grant before the purchase.