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Build your dream home with the First Home Buyers Grant

A couple in the living area of their first home.

Benefits of building with Coral as a first home buyer

It’s good news for first home buyers wanting to enter the dream of homeownership with Coral Homes. To take advantage of the recent extension of federal government incentives means you might be eligible to secure your dream home with a low 5% deposit.

Coral Homes wants to see first home buyers move into their dream homes sooner – which is why we offer unbeatable pricing on hundreds of home designs, outstanding promotions and offers and an easy step-by-step process to make building the home of your dreams, a reality.   

We’ve taken a deep dive into these government incentives and how Coral Homes can assist you, to build new. 

1. Building can be affordable with a ‘First Home Owner Grant’

Building with Coral Homes can be highly accessible when you are a first home buyer. On top of our affordable home designs, QLD first home buyers now have access to the First Home Owner Grant. Recently doubled, the grant offers an amazing $30,000 incentive to buy or build a new home. Take advantage of the latest government incentives by building new with Coral! Browse our range of designs like the much-loved Lisbon Series to find your dream home, today!

2. Buy sooner with the extended ‘First Home Loan Deposit Scheme’

As a first home buyer, you may be able to secure your Coral Homes’ dream build a little sooner. The extended First Home Loan Deposit Scheme allows first-home buyers to apply for a loan with a minimum deposit of 5%. Queensland buyers are limited to first homes up to $600,000 in cities and $450,000 in regional areas. Home buyers in New South Wales are looking at a slightly higher cap of $800,000 in major cities and $600,000 for other areas of the state.

Does this fit your budget? Explore our home designs and download your personalised instant quote! With access to instant quotes across all floor plans and facades, you’re sure to find a home you love and also find the best value for money.

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3. Peace of mind with an award-winning builder

We understand building your first house can be daunting, let alone deciding on a builder to create your picture-perfect home. Rest assured, your first home is in good hands with Coral Homes. Trusted by home buyers since 1990, Coral Homes has been building dream homes for three decades! We have won the HIA’s Professional Major Builder Award two years running, which is the industry’s most prestigious award.

Although we love being recognised from industry leaders, above all else we value what our customers have to say about us too. So don’t just take our word for it, we’re also QLD’s Product Review Winner 2021 & 2022 for customer satisfaction in building.

4. Choose a builder with lots of inclusions

Our best tip is to choose a home builder that offers lots of inclusions and value! We want to help you to build as soon as you can – that’s why Coral Homes designs have a high level of inclusions, so you don’t have to spend thousands on upgrades later in your build process.

Want to find out more? Pick your favourite home design and voila – get a FREE instant quote download!

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Is now the perfect time to build your dream home?

If you’re a first home buyer with a small deposit, now could be an ideal opportunity to crack into the real estate market and build a home you love. With the extended First Home Loan Deposit Scheme and the First Home Owners Grant available, getting the keys to your first home could be closer than you think!

Having built over 25,000 homes over three decades, you can have peace of mind knowing your first house with Coral Homes will be unbeatable value for money, beautiful quality and inclusive of aftercare services. If you are a first home buyer, enquire today and one of our friendly New Home Consultants will take you through your options.

Please note, this advice is general and does not consider your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances.

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