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January 26, 2022

Would you like $20k to build your home in Lismore?

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Artist's impression of a new development being built in Lismore. People wishing to take advantage of the Build Your Future Lismore offer are urged to act quickly. Photo contributed
Artist’s impression of a new development being built in Lismore. People wishing to take advantage of the Build Your Future Lismore offer are urged to act quickly. Photo contributed

Lismore deputy mayor Gianpiero Battista and federal Page MP Kevin Hogan will today announce a round of $20,000 subsidies for people interested in building a home in Lismore.

But you’ll need to be quick; the scheme is limited to 200 families and will only be signing up subscribers until the end of March.

‘Build Your Future will enable eligible intending homeowners who have had their applications approved to receive $20,000 each to help them purchase land and build the home of their dreams,’ Cr Battista said.

‘The subsidy is available for a wide range of families and individuals whose annual incomes do not exceed very reasonable limits. These upper income limits include $88,000 for a single person, $97,000 for a sole parent with two children and $135,000 for a couple with three children, for example.’

The subsidies are available for land lots at six new developments throughout Lismore and Goonellabah. The developments include a wide of housing types with an emphasis on sustainable design and affordability.

Mr Hogan said scheme is part of the federal government’s Building Better Regional Cities program and is designed to help low to moderate income earners achieve home ownership.

‘The federal government is working towards easing housing affordability by encouraging the release of more residential land. These subsidies are part of that, and are designed to help low to middle income earners into home ownership,’ he said.

The $20,000 grants are available in the following land release areas:

  • Airforce Road, East Lismore. Contact Warren Everingham on 0429 944 931.
  • Altitude Eco Village, Casuarina Drive, Goonellabah. Contact Scott Wharton on 0488 910 587 or visit altitudeecovillage.com.au.
  • Echo Glen, Invercauld Road, Goonellabah. Contact Stephen Day on 9186 4700.
  • The North Lismore Plateau (The Winten Group), Dunoon Road. Contact Jim Punch on 0412 047 735.
  • Valley View, Pineapple Road, Goonellabah. Contact Lucas Zorzo on 0437 040 969 or visit valleyviewestate.com.au.
  • Sanctuary Hill, Invercauld Road, East Lismore. Contact Warren Everingham on 0429 944 931.

The scheme ends on March 30, so intending homeowners are encouraged to act promptly.

Anyone keen to apply for the $20,000 subsidy or to learn more about options for purchasing a vacant lot and building a new home should visit www.buildyourfuture.net.au or phone Lismore City Council on 1300 87 83 87.

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