Hundreds of blocks sold every week: Surge spurs $30m boost to WA building bonus

 

West Australian land sales surge

Government building bonus grants have seen West Australian land sales surge from about 60 blocks per week to 500.

Master Builders WA boss John Gelavis said in March his members were reporting a 40 per cent decline in work but since the bonus became available they had seen land and house sales triple.

“It has really turbocharged the industry,” he said.

Mr Gelavis said he had asked for the bonus to be extended further so the industry had more time to handle the work, which would need to be completed without the help of interstate workers.

West Australians who build a new home can access $20,000 from the state government on top of $25,000 on the table as part of the Commonwealth’s HomeBuilder scheme.

Source: WAToday