Over the past five years, the number of new homes being built across Australia has steadily increased, and the 2026 federal Budget makes one thing clear: the government wants to keep this momentum going.
With a strong focus on helping younger Australian’s enter the property market through the construction of new homes, an increase to housing supply is now a high priority.
To support this goal, the government has committed $2 billion towards infrastructure projects including roads, electricity, water, sewerage, and other essential services designed to accelerate housing development. This investment is expected to support the construction of 65,000 new homes – an additional gain of approximately 30,000 houses.
Why is now the best time to build?
A major theme of the Budget is encouraging the construction of new homes while reducing some of the benefits of purchasing established properties.
Alongside the $2 billion infrastructure fund, the government has also announced the support for faster planning approvals and large-scale housing construction targets. Over the next four years this is expected to:
- Drive more land releases in high growth corridors.
- Improve infrastructure in emerging suburbs.
- And increased employment opportunities within the construction industry.
For buyers, this may create more opportunities to build a brand-new home in developing communities.
The Budget also continues to support initiatives such as the 5% Deposit Scheme, which is designed to help eligible first home buyers enter the market sooner with a smaller upfront deposit and no Lenders Mortgage Insurance (LMI) fees.
For investors, you retain existing tax benefits while also having the opportunity to choose the new method if it gives you a better tax outcome. This means you may either have the existing 50% CGT discount, or the new indexation method with the minimum tax. This is a deliberate incentive to direct investors towards building new homes.
The outcome.
If you’ve been considering buying or building, the recent changes may prompt you to explore your options in more detail.
For first home buyers, the combination of housing initiatives, infrastructure spending, and low deposit schemes is designed to make entering the housing market more achievable. For investors, the policy direction increasingly favors new construction over established property purchases.
For anyone considering a property purchase or investment, the decision to choose between new or established housing is now a more meaningful factor in the financial equation. Take the sensible step forward and speak to MyChoice Home Loans about investing in your future today.
If you’re looking to move in now, move in soon or move in later, Complete by McDonald Jones have brand-new turnkey homes for sale across some of NSW most sought-after estates.
Contact our team today to find your brand-new home.
Important: Information in the above is opinion based on the federal Budget announced on 12 May 2026. All measures are proposed only and remain subject to further detail, Treasury drafting, and Parliamentary approval. This content does not constitute financial, investment, or tax advice, and Complete by McDonald Jones does not provide such advice. Customers should seek independent advice before making any decisions.