First Home Buyer Grants Victoria
First Home Owner Grant (FHOG) Cap
From 1 January 2010, the Victorian government has introduced a property value threshold of $750,000; only properties below this value may be eligible for the First Home Owner Grant.
First Home Bonus – Victoria
Established in May 2004, the First Home Bonus is an additional payment on top of the First Home Owner Grant that Victorian first home buyers may also be eligible for. The First Home Bonus allows for a $2,000 payment for the purchase of existing properties and $11,000 for newly constructed properties in metro areas. If purchasing a newly constructed property in regional Victoria, you may also eligible for an extended allowance of $4,500. To receive any of the above Bonus payments, the value of the property must not exceed $600,000.
Find out if you are eligible for first home buyer grants in Victoria
To find out if you are eligible for first home buyer grants in Victoria, including the First Home Owners’ Grant, fill in the form below to talk to your local mortgage broker, or call us anytime on 13 LOAN or direct on +61 2 9249 3739.
Victoria Office of State Revenue
The Victoria Office of State Revenue (OSR) administers all first home buyer grants and concessions for Victorian buyers. You can contact the VIC OSR on (03) 9628 6777 or visit their website at www.sro.vic.gov.au
First home buyer benefits by state
- First Home Buyers Grants in Australia
- First Home Buyer Grants Northern Territory
- First Home Buyer Grants New South Wales
- First Home Buyer Grants Queensland
- First Home Buyer Grants South Australia
- First Home Buyer Grants Tasmania
- First Home Buyer Grants Victoria
- First Home Buyer Grants Western Australia
