First Home Owner Grant in Victoria (VIC) — $10,000 (metro) / $10,000 (regional)
Victoria's First Home Owner Grant is $10,000 for new homes up to $750,000. Learn about eligibility, stamp duty exemptions, the Victorian Homebuyer Fund, and how to apply.
Definition
Victoria First Home Owner Grant
The Victoria First Home Owner Grant is $10,000 (metro) / $10,000 (regional) for eligible first home buyers. New homes only — includes newly built homes, off-the-plan apartments, and owner-builder homes.
Quick Facts
| Grant Amount | $10,000 (metro) / $10,000 (regional) |
| Property Value Cap | $750,000 |
| New or Existing | New homes only — includes newly built homes, off-the-plan apartments, and owner-builder homes. Does not apply to established homes. |
| Residency Requirement | Must live in the property as your principal place of residence for a continuous period of at least 12 months, commencing within 12 months of settlement or completion |
| Legislation | First Home Owner Grant Act 2000 (VIC) |
| How to Apply | Apply through the State Revenue Office Victoria or through your lender at settlement. The grant is usually processed as part of the settlement. |
Eligibility Criteria
To qualify for the First Home Owner Grant in Victoria, you must meet all of the following criteria:
| Age | Must be at least 18 years old |
| Citizenship | Australian citizen or permanent resident (at least one applicant) |
| Previous Ownership | Must not have previously owned residential property in Australia |
| Occupancy | Must live in the property as your principal place of residence for a continuous period of at least 12 months within the first year |
How to Apply
Apply through the State Revenue Office Victoria or through your lender at settlement. The grant is usually processed as part of the settlement.
Tip: Most lenders and mortgage brokers can process the FHOG application on your behalf at the time of settlement. The grant amount is typically credited at settlement, reducing the funds you need to bring to the table.
Other Schemes You Can Combine
First home buyers in Victoria may also be eligible for these concurrent programs:
- First home buyer stamp duty exemption — full exemption for properties up to $600,000, concessions for $600,001 to $750,000
- Victorian Homebuyer Fund — shared equity scheme where the government contributes up to 25% of the purchase price (or 35% for Aboriginal and Torres Strait Islander buyers)
- Home Guarantee Scheme (federal) — purchase with 5% deposit without LMI
- First Home Super Saver Scheme (federal) — withdraw voluntary super contributions for your deposit
Frequently Asked Questions — VIC First Home Owner Grant
FHOG in Other States
Related Resources
- Stamp Duty Exemptions for First Home Buyers — State-by-state breakdown of available exemptions and concessions.
- Stamp Duty Calculator — Calculate your stamp duty liability including first home buyer concessions.
- First Home Buyer Guide Australia — The complete guide covering the buying process, costs, and tips.
- Borrowing Capacity Calculator — Estimate how much you can borrow based on your income and expenses.
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