Terms & Conditions


TERMS & CONDITIONS - $70,000 NOSTRA BUILDER BOOST

The Nostra $70k HOME BUILDER BOOST is valid from Saturday the 13th of June 2020 until 5pm Sunday September 13th 2020. To be eligible clients must pay an initial $3,000 deposit to Nostra Homes by the deadline date. This offer is valid only on home designs from the Homes by Nostra range including Small Lot Housing Code designs. Contemporary Living Townhomes and Uplift ranges are not eligible for this offer. For all eligible designs please visit https://nostrahomes.com.au/hom... or speak to a Nostra Homes consultant.

A new customer’s project file is to be submitted to head office within 10 working days from the date of initial deposit. A building contract must be signed and the balance of the 5% deposit amount paid in line with Nostra Homes Procedure of Purchase document which Is signed at the time of initial deposit. Clients must adhere to the timeline stipulated in and agreed to within Nostra Homes procedure of purchase document in order to meet the timeline required for construction commencement.

The $70k Home Builder boost can be categorised as follows:
•A $45,000 discount will be applied by Nostra Homes to the quoted price of the home and included within the building contract of sale
•The $25,000 HomeBuilder grant is a government scheme provided by the Federal Government, in order to be eligible clients must meet the following criteria
•you are a natural person (not a company or trust);
•you are aged 18 years or older;
•you are an Australian citizen;
•you meet one of the following two income caps:
•$125,000 per annum for an individual applicant based on your 2018-19 tax return or later; or $200,000 per annum for a couple based on both 2018-19 tax returns or later;
•you enter into a building contract between 4 June 2020 and 31 December 2020 to either:
•build a new home as a principal place of residence, where the property value does not exceed $750,000;
•or substantially renovate your existing home as a principal place of residence, where the renovation contract is between $150,000 and $750,000, and where the value of your existing property does not exceed $1.5 million;
•construction must commence within three months of the contract date.
•Clients must apply for the $25,000 HomeBuilder grant directly through the Victorian State Revenue Office.

Nostra Homes takes no responsibility for applying for or obtaining the $25,000 HomeBuilder Grant which is solely reliant on the purchaser obtaining approval and payment directly from the Victorian State Revenue office.

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