- Over 18
- Australian citizens
- Applying as individuals
- Owner-occupiers
- Less than $125k income for individuals and $200k for joint-applicants
- Have a building contract* between 4 June 2020 and 31 December 2020
*New home valued must be less than $750k and construction costs must be between $150k-$750k for renovation (final value of the property not exceeding $1.5m)