ASIC Regulated

ASIC Regulated

Best Interest Duty

Best Interest Duty

Best Interest Duty

120+ Lender Access

120+ Lender Access

120+ Lender Access

Renovation Loans

Renovation Loans

Turn Your Plans Into Progress

Renovation finance can be structured in several ways depending on the scale, cost and complexity of the work. A smaller cosmetic project may be funded through savings, available redraw, a loan increase or refinancing. Larger structural renovations may require a construction loan with funds released progressively. The best option depends on your available equity, the expected property value after the work, whether council or building approval is required and how the additional repayments fit your budget. Increasing or extending a home loan can also increase the total interest paid over time.

HOW WE CAN HELP

We review your equity, renovation scope, quotes and overall budget to find a practical funding structure. Prestige compares the cost of refinancing, topping up or using construction finance and manages the lender requirements from approval to final payment.

We review your equity, renovation scope, quotes and overall budget to find a practical funding structure. Prestige compares the cost of refinancing, topping up or using construction finance and manages the lender requirements from approval to final payment.











Grants, Schemes and Concessions

General renovations are not covered by a current nationwide HomeBuilder-style grant. However, targeted assistance may be available for eligible energy upgrades or specialised circumstances.


Program

Potential assistance

Important considerations

Household Energy Upgrades Fund

Discounted finance through participating lenders for eligible solar, appliances, electrification and energy-efficiency improvements.

This is discounted finance, not a cash grant. Product and borrower eligibility requirements apply.

Small-scale Renewable Energy Scheme

Eligible solar, renewable-energy and hot-water systems may create certificates that reduce the effective purchase cost.

The system and installer must meet program requirements.

Cheaper Home Batteries Program

Around a 30% discount on eligible small-scale battery systems connected to new or existing rooftop solar.

The discount is generally provided through the retailer or installer and is delivered through the SRES.

State, territory and council programs

Rebates, concessions or low-cost finance may be available for solar, batteries, insulation, efficient appliances and hot-water systems.

Offers depend on the property’s location and can close when funding is exhausted.

IBA remote-home assistance

Eligible Aboriginal or Torres Strait Islander customers in qualifying remote locations may access a potential grant of up to $20,000 for minor repairs and maintenance.

Location, income, customer and loan eligibility requirements apply.

Investment-property tax treatment

Interest and some renovation-related costs may be deductible or claimable over time.

This is not a grant. Treatment depends on the purpose of the borrowing and nature of the work. Professional tax advice is recommended.

HomeBuilder is no longer available. The program is closed and will not reopen.

Prestige Finance Brokers can help compare the available funding structures and identify relevant programs before work begins.

Grants, Schemes and Concessions

General renovations are not covered by a current nationwide HomeBuilder-style grant. However, targeted assistance may be available for eligible energy upgrades or specialised circumstances.


Program

Potential assistance

Important considerations

Household Energy Upgrades Fund

Discounted finance through participating lenders for eligible solar, appliances, electrification and energy-efficiency improvements.

This is discounted finance, not a cash grant. Product and borrower eligibility requirements apply.

Small-scale Renewable Energy Scheme

Eligible solar, renewable-energy and hot-water systems may create certificates that reduce the effective purchase cost.

The system and installer must meet program requirements.

Cheaper Home Batteries Program

Around a 30% discount on eligible small-scale battery systems connected to new or existing rooftop solar.

The discount is generally provided through the retailer or installer and is delivered through the SRES.

State, territory and council programs

Rebates, concessions or low-cost finance may be available for solar, batteries, insulation, efficient appliances and hot-water systems.

Offers depend on the property’s location and can close when funding is exhausted.

IBA remote-home assistance

Eligible Aboriginal or Torres Strait Islander customers in qualifying remote locations may access a potential grant of up to $20,000 for minor repairs and maintenance.

Location, income, customer and loan eligibility requirements apply.

Investment-property tax treatment

Interest and some renovation-related costs may be deductible or claimable over time.

This is not a grant. Treatment depends on the purpose of the borrowing and nature of the work. Professional tax advice is recommended.

HomeBuilder is no longer available. The program is closed and will not reopen.

Prestige Finance Brokers can help compare the available funding structures and identify relevant programs before work begins.

Finance forfirst home buyers
Finance forfirst home buyers
Finance forfirst home buyers

Expert Lending Solutions

Who We Can Help

Who We Can Help

Full-time, part-time, casual, agency or self-employed, your work situation shouldnt stop you from exploring your options.

Full-time, part-time, casual, agency or self-employed, your work situation shouldnt stop you from exploring your options.

Full-time, part-time, casual, agency or self-employed, your work situation shouldnt stop you from exploring your options.

GROWING FAMILIES
HOUSE-AND-LAND BUYERS
OWNER-BUILDERS
KNOCKDOWN-REBUILDERS
HOME RENOVATORS
FIXER-UPPERS
FIRST-TIME BUILDERS
PROPERTY INVESTORS

The PRESTIGE Differernce

Our Process

Our 98% approval rate reflects the work we do before an application reaches a lender.

With Prestiges experienced team guiding you throughout, youll have a clear picture of your position, understand the next steps and stay informed as your application progresses.

Free Chat

/ 01

Call, chat or visit the Prestige team for a free initial assessment.

Tell us about your home-buying or refinancing goals, timeframe and budget.

Well review your income, expenses, assets and liabilities to understand your borrowing capacity and what may be achievable.

Free 30-minute Chat

No-Obligation

Phone, Text, Video Call, In-person

Free Chat

/ 01

Call, chat or visit the Prestige team for a free initial assessment.

Tell us about your home-buying or refinancing goals, timeframe and budget.

Well review your income, expenses, assets and liabilities to understand your borrowing capacity and what may be achievable.

Free 30-minute Chat

Phone, Text, Video Call, In-person

No-Obligation

Free Chat

/ 01

Call, chat or visit the Prestige team for a free initial assessment.

Tell us about your home-buying or refinancing goals, timeframe and budget.

Well review your income, expenses, assets and liabilities to understand your borrowing capacity and what may be achievable.

Free 30-minute Chat

Phone, Text, Video Call, In-person

No-Obligation

Loan Strategy

/ 02

Loan Strategy

/ 02

Loan Strategy

/ 02

Pre-Approval

/ 03

Pre-Approval

/ 03

Pre-Approval

/ 03

Formal Approval

/ 04

Formal Approval

/ 04

Settlement

/ 05

Settlement

/ 05

Ongoing Support

/ 06

Ongoing Support

/ 06

Formal Approval

/ 04

Settlement

/ 05

Ongoing Support

/ 06

0+Happy Customers
0+Properties Settled
0%Loan Approval Rate
0+Lenders Access
0+Happy Customers
0+Properties Settled
0%Loan Approval Rate
0+Lenders Access

Enquire with Us

Tell us about your goals, and we'll take it from there.

Enquire with Us

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THE HONEST WORDS

"We felt supported every step of the way."

We had a great experience working with the Prestige Finance team. They were professional, very responsive, honest, knowledgeable, and always available to answer our questions.

-

LEILA Y. -

Homeowner