- National average was 4.73 applications per 1000
- Over two-thirds were for new builds
- In conjunction with First Home Owner grants, some applicants received $40K
South Australia has recorded so many HomeBuilder grants that many tradies such as carpenters, bricklayers plumbers, electricians, tilers and painters are reportedly inundated with housing and construction projects for at least the next 18 months.
The program, introduced last year by the Federal Government, offered a $25,000 (or $15,000 for the second instalment) grant to those who were building brand new homes or substantially renovating their current homes and met certain income and asset tests.
South Australia has recorded the highest number of applications per capita for the program with 7.19 applications for every 1000 of the population, according to the Housing Industry Association.
By contrast, WA recorded 6.67, ACT 6.59 and Victoria 5.25. The national average was 4.73.
Rob Lucas, South Australian Treasurer, said he is proud of the state’s uptake of the grants, citing the job creation it has fueled.
“This pipeline of work is critical for the state’s strong ongoing economic and jobs rebound from COVID-19 and fuels further confidence in South Australia as an attractive place in which to live, invest and create jobs.”
Rob Lucas, South Australia Treasurer
“The Marshall Liberal Government’s record $4 billion economic stimulus, including an $851 million ‘Tradies Package’ announced in last year’s State Budget, also delivers an important pipeline of construction work for schools, roads, hospitals and local government infrastructure such as community pools, playgrounds and theatres,” said Mr Lucas.
In real terms, 13,913 HomeBuilder grant applications were received in South Australia. More specifically, 9,563 for new builds, 1,878 off-the-plan and 2,472 falling under substantial renovations.
Some of these applications also received the State’s $15,000 First Home Owner Grant – meaning certain applicants were given grants totalling $40,000. However, it should be noted South Australia doesn’t have stamp duty concessions or exemptions for first home buyers, unlike most other states and territories.