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HomeBuilder criteria to limit renovation grants

A very small percentage of eligible households are likely to take up $25,000 renovation grants under the federal government’s HomeBuilder scheme, with new research by CoreLogic laying bare the limitations of its strict eligibility criteria.

HomeBuilder criteria to limit renovation grants
Strict eligibility criteria means HomeBuilder renovation grants will be out of reach for the vast majority of Australians. Photo: Shutterstock (Image source: Shutterstock.com)

A very small percentage of eligible households are likely to take up $25,000 renovation grants under the federal government’s HomeBuilder scheme, with new research by CoreLogic laying bare the limitations of its strict eligibility criteria.

CoreLogic this week released an extensive set of data on which regions had the most eligible houses for the HomeBuilder renovations stimulus.

The research found, however, that the extensive eligibility crite…

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